Last year I put up a new building. 40% of the building is used for agricultural activity, 30% is used for storage related to my wife's business, and the remaining 30% is just for personal use. My general thought was 40% would go on schedule F, 30% on schedule C, and of course the 30% for personal use would have no deduction. If this is correct, how do I make it work and get the information in the correct forms in TurboTax? I also believe, or was hoping, the 40% on schedule F for depreciation in deducted the first year using bonus depreciation and 30% on schedule C is just a square foot calculation against the total cost on a 39 year depreciation. Please advise thanks..
