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Investors & landlords
Yes, the date placed in service can be adjusted. To edit, while logged in to your return:
- Click on Income & Expenses
- Scroll down to "Rental Properties and Royalties" and click on Review
- Scroll down to Assets and click on Review
- Edit the Asset by entering the correct "In Service Date".
This should not change anything but your accumulated depreciation.
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March 14, 2021
6:32 PM