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Two Rental Properties
I have Turbo Tax Premier and have two rental properties and do not know how to enter the second one's information.
Also, I have property, a furnace, that is being depreciated over 27.5 years per my last tax preparer but TT doesn't seem to allow any depreciation schedule over 5 years - it doesn't distinguish between the types of assets and assumes all are "furnishings". The furnace depreciation started in 2004 and TT calculates that I have no depreciation left for this asset. Is there any way I can over-ride this or be able to have TT distinguish the different types of assets?
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‎October 13, 2018
8:55 PM