Get your taxes done using TurboTax

JamesG1 · ‎February 28, 2024

When I create the asset, I choose Residential Rental Real Estate, and both TurboTax Online and TurboTax Desktop selects 27.5 years to depreciate.

In addition, the two costs for the cost basis for property converted to business use are not entered into the software.

Are you using another version of TurboTax? Please clarify.

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