Hi @Carl Thanks for you response. Actually $78 is the calculation for the year and it does transfer that to the appropriate section. But it does nothing with the unrealized gains as you suggested. And I did answer that the asset was sold on the date the new Re-fi closed. I manually went to Other Expenses for the property and added the unrealized gains. This was my experience with Premier Desktop 2022
- On the "Special Handling Required?" screen, click YES. (Only gives me that years deduction even after I entered that I sold the asset and then does not address unrealized gains)
- On the "Depreciation Deduction Amount" screen, select Transfer These Fees For Me To Other Expenses. Then click Continue.
You'll see the remaining fees of the old loan to be deducted in the Rental Expenses section, very last screen of that section. The entry will start with "Unrealized Refinancing Fees...."
