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Level 1
September 27, 2022
Question

I am trying to step up the basis in an inherited depreciable rental property. Where do I enter this in ProConnect Depreciation screen?

  • September 27, 2022
  • 1 reply
  • 7 views
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1 reply

George4Tacks
Level 15
October 3, 2022

Just add another depreciation asset to adjust the basis.

My question is WHY?

Answers are easy. Questions are hard!