I did a 1031 exchange of a rental property for a newer property.
I had replaced the HVAC in the relinquished property and was depreciating the unit separate from the Rental house.
Since the unit was included in the sale of the property, how do I dispose of the HVAC?
Seems like I should be adding the original cost of the HVAC and then re-capture the depreciation.
I am using TurboTax Business Edition.
Will the cost and depreciation be added back into the calculations on the 8824?
