thank you for replying, perhaps i can clarify. the office space is in a building that we own, located on our personal property. we have not sold it. we use the office space for our sch c business and this business pays rent to our property managment account, created to handle the income and expense for several rental properties we own. the income and expense from the renatls has been filed on sch e for several years, that it is why, i think, it got set up as 27.5 yrs. depreciation. tax year 1999 is the first year depreciation was claimed on this portion of the building and we have discontinued using that particular space as an office. so what do we do about the rest of the depreciation?
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