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How to input a re-started rental on TurboTax
I rented out a home for a couple years in a way where I just rented out 1 or 2 of the rooms in the house while I lived in the remaining room.
After that I convereted the home to personal use and lived there for 2 years.
Recently my wife and I moved, and I rented out the original home in it's entirety. While there be anything special I need to input in Turbotax to account for this scenario? Or any gotchas? I am curious how the rental depreciation works now that it is fully rented out instead of a couple rooms.
Do I start this as a brand new rental or should it continue the old rental inputted?
‎October 26, 2023
8:00 PM