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Get your taxes done using TurboTax
Thank you.
When trying to close out the depreciation of the rental half of the duplex, it asks:
Special handling required? and one example is a 'rental inside a home' which confused me as duplex has two units, one rental, one my home, so assuming 'no' for the question for the rental unit as well as dishwasher and other depreciated improvements. Is that accurate?
Followup question TT asks is: was this asset included in sale of your main home? which I'm also assuming is 'no' as separate units but wanted to make sure i'm just not confused.
Thanks,
Adam
P.S., I bought the Advantage version of TT this year, does this include free phone support to run by all of this to make sure I'm good? I think your responses are sufficient but just wanted to double check. It also offers $50 'Live Tax Advice' but I don't need advice, just clarity on how to fill out the section of TT.