@KaMi wrote:
I checked the box saying it was converted from rental to personal use with 120 days being a rental property (Jan-Apr). I entered all my 1098 mortgage interest and real estate taxes paid in the rental section even though it was a rental for 120 days. TurboTax calculate $0 rental royalty/depreciation for 2024 since I converted it to personal use.
Did you enter any personal days? If so, don't. Enter ZERO personal days.
If that isn't the problem, you might need to say it was rented all year in the general rental section. But for each "asset" for depreciation, you will need to indicate it was converted to personal use (assets are treated separately from the general rental information).
Either way, you need to manually calculate the amounts to put into the rental section for only the rental period. Don't enter the full cost.
