This makes no sense to me. I have rental property that qualifies as a business and I select that option in TurboTax, but it disallows any Section 179 deductions. I have Mobile Home park which is my only source of income. I have 30 spaces and 10 mobile homes that I rent. I file Sch E.
I can select the Special Bonus Depreciation with no problem, but I just don't understand why TurboTax doesn't recognize me as a business even though I make the business selection within the program.
