I purchased a vessel to run charters this past year so i am doing my first 1065 with turbo tax. as i follow the prompts for listing as a vehicle, no options for vessels are provided? am i listing this asset incorrectly? or in the wrong section? what is the appropriate method?
background: the vessel was purchased last year, when in for a full refit to be used in the business and became a victim of a total loss due to the hurricanes in Florida.
