mdmcfarland Posted December 7, 2007 Report Share Posted December 7, 2007 When a depreciable asset is traded, we no longer add the basis to the basis of the new asset and continue to depreciate it until it is all depreciated out. How can I identify the "traded" asset on the Detail Report for form 4562. Or is there another report where this can be shown. In Nebraska we have to send a report of depreciable assets to the county assessor for personal property tax purposes. :( Quote Link to comment Share on other sites More sharing options...
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