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FRSJR
Returning Member

Depreciation

I have a rental that was sold in 2024. There was gaps in the time it was rented as I had more than 1 tenant for the duration of the rental period. How can I get the correct accumulated depreciation since it is asking start date 

and then how many days. Year 2024 is correct but it is assuming the same usage each year since it was used 100 as a rental but empty while trying to get a new tenant. I do not want to override anything since I need to e-file.

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1 Reply
MindyB
Expert Alumni

Depreciation

If the rental was available for rent, you do not need to decrease the depreciation for this.  Consider days empty looking for a tenant as rental days, since it was available for rent.  Using 100% business use sounds correct for the past years, based on the information you provided.

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