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What version of turbotax is right for my case?
What is correct version of TurboTax?
Details: 5 yrs ago, I inherited a property under the rental and I continued to rent it out. At the time the property is under loan, and I continued to pay a few months loan but never deducted interest with TurboTax premier (CD). Then, I paid off the loan the same first year.
- Is there a guidance in turbotax to deduct the loan payment back on the first year?
- Is there a guidance in turbotax to subtract the payment (loan pay off) to the capital gain of the sell?
- Is there a guidance to calculate the depreciation on the property that I had never done?
- Which is the correct version I should buy?
Thank you
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‎June 6, 2019
6:24 AM