My brother and I own a rental property (50/50) that we are transferring to our newly formed partnership (50/50). How do we carry over the depreciation?

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You will have to enter the property with the original date of service for the depreciation to calculate correctly. The program will not like the date so you will have to change the incorporation date to enter the property.

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My brother and I own a rental property (50/50) that we are transferring to our newly formed partnership (50/50). How do we carry over the depreciation?

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My brother and I own a rental property (50/50) that we are transferring to our newly formed partnership (50/50). How do we carry over the depreciation?

My brother and I own a rental property (50/50) that we are transferring to our newly formed partnership (50/50). How do we carry over the depreciation?

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My brother and I own a rental property (50/50) that we are transferring to our newly formed partnership (50/50). How do we carry over the depreciation?

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My brother and I own a rental property (50/50) that we are transferring to our newly formed partnership (50/50). How do we carry over the depreciation?

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