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Get your taxes done using TurboTax
The situation you described is all tied to the answers to your questions in the initial screens where you entered the details of your rental property. You can take a look at your entries by editing your Property Profile.
If your total expenses are being limited to your income, then you may have indicated that your property is not being rented at a fair rental price. If that is the case, your expenses will be limited and you cannot claim a loss.
The prorated numbers you are seeing may also be related to entries for personal use days and rental use days. Keep in mind that personal use prior to the time the property is placed into service as a rental property do not count as personal use days with regard to the rental.
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‎February 21, 2020
6:38 AM