Skip to main content
Level 1
April 23, 2020
Question

where i have to show value of the home for rental property in proconnect

  • April 23, 2020
  • 2 replies
  • 17 views

where i have to show value of the home for rental property in proconnect

This topic has been closed for replies.

2 replies

George4Tacks
Level 15
April 23, 2020

https://proconnect.intuit.com/community/help-articles/help/entering-depreciation-for-new-clients/00/5611

You can also enter the land value for use later with a depreciation code of 99.

 

Answers are easy. Questions are hard!
abctax55
Level 15
April 23, 2020

I'm going to pick nits here... but it isn't the *value* that should be used, it's the cost/basis (or FMV if lower).

HumanKind... Be Both