FormerMember

How can I dispose of an asset that is not fully depreciated?

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Posted By FormerMember

We are selling a building that has a number of assets that we inactivated when the building became vacant about 2 years ago.  We have now sold the building and want to dispose of the assets that were inside the building.   They never fully depreciated and we want to take the undepreciated amount as a loss.  How can we do that?