No, Home and Business was not discontinued. You can still purchase it for download by visiting https://turbotax.intuit.com/personal-taxes/cd-download/. This will also show you some of the differences in the two programs. The biggest difference between the 2 programs is the ease of use for self-employed personal & business income and expenses. Otherwise, the 2 desktop programs have the same capabilities.
TurboTax Premier does have Schedule E Supplemental Income and Loss, including rental property.
