Carl
Level 15

Get your taxes done using TurboTax

So we can agree to disagree. I'm not going to pursue this any further. I've been using TTX desktop since 2003 with self-employment income as well as 3 rental properties and it's done perfect for me every single year. I will say however, that is it a requirement, and not an option, to get the numbers right the very first year a rental property is purchased or placed in service. If they're wrong, especially in the area of depreciation, then the error will just grow exponentially year-to-year. Fixing it years down the road (if it takes that long to catch it) will be costly tax-wise too.