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Nikki1373
New Member

Re: I deleted my rental property that transferred from last year and after re-entering it from scratch I can't get depreciation to calculate. It says $0 eligible to deduct

Piggybacking on this question. I sold a rental property in 2019. When editing this asset, under Review Information, I accidentally zeroed out ‘Land’ and now I cannot get that box to show up again to put in the correct purchase price for the land portion of this property. Help? 

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1 Reply
Carl
Level 15

Re: I deleted my rental property that transferred from last year and after re-entering it from scratch I can't get depreciation to calculate. It says $0 eligible to deduct

@Nikki1373 look at your 2018 tax return (the PDF copy where you saved *everything* and search for the IRS Form 4562 that prints in landscape format. THere's two of those for that property and you want the one titled "Amortization and Depreciation Report". That form will display the value you seek.

 

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