Investors & landlords

@DaveF1006 @DianeW777 

I understand relaized gain from this sale and any future gain would be subject to taxes. Sorry, I am confused about addition of gain as a depreciable basis. 

I created a new asset entry as advised on this thread before,  my question was following that, depreciation for 2022 seems to have depreciated for month of Jan twice  (463 in the table example below, property was sold on 1st Feb). Its counted twice once with old entry and once with new. 

asset1 is the original asset entered with old property, asset1_exchange is new I created now, with exactly the same dates and information as asset1. 

- @DianeW777 How should I correct 463 counted twice here?

- @DaveF1006 Am I supposed to add realized gain of $115,354 to the asset1_exchange? That doesn't seem right at all. 

Thanks for your help!