jklcpa Posted March 31, 2009 Report Share Posted March 31, 2009 Client has a rental condo & used it 56.25% for personal (also more than 14 days/10%) I've already entered the days on the vacation tab of Sch E. That rental % of 43.75% is not being applied to the basis on the 4562. ATX is calc'g the full depreciation using 100% of cost basis. Do I need to enter that % on the asset entry tab? I thought this was automatic. On the vacation expense summary, the program is limiting every other expense based on use %, but the deprec is at 100% and then being disallowed because all the expenses exceed income. Quote Link to comment Share on other sites More sharing options...
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