Arche306 Posted March 10, 2013 Report Share Posted March 10, 2013 Clients own a Marina that has not operated for the last 5 years, has a loss each year.. Can the remaining amount in the asset account be depreciated? Quote Link to comment Share on other sites More sharing options...
michaelmars Posted March 11, 2013 Report Share Posted March 11, 2013 not in operation, no depreciation. make business use 0 for the year so you don't lose track of the asset by deleting it. Quote Link to comment Share on other sites More sharing options...
Arche306 Posted March 11, 2013 Author Report Share Posted March 11, 2013 thanks Michael, thats what I thought. Quote Link to comment Share on other sites More sharing options...
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