While exploring TurboTax, I resolved my question regarding setting straight-line depreciation for rental property improvements. For anyone with a similar query, here's how I did it: I edited my rental property details, navigated to "Assets / Depreciation," and clicked on the "Add an Asset" button. Then, I selected "Intangibles, Other Property." This allowed me to name the asset, set the depreciation lifespan, and choose the depreciation method, in this case, Straight-Line.
