Question
0n Proseries form 1065 section 1250 sale depreciation recapture not right on schedule k or k-1's
The partnership has always used SL depreciation. Property was sold and all the straight line depreciation is presented as Unrecaptured section 1250 gain on line 9c page 4 of form 1065. I believe that line should be blank. Any Idea what I could be doing wrong?
