g-k-
New Member

Deductions & credits

Thank you Coleen. In the screen that you sent, I checked the multifamily (duplex) box and then had to enter the purchase price,  escrow fees etc. for the entire building and TT calculated a depreciation amount for the entire building, not for the rental unit. (based on the sq. footage, expenses have be split 40/60 between rental and mine). So I am a bit confused as this depreciation is not applicable to the rental. Thank you.