Business & farm

Digging through other forum posts, I see: https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/turbo-tax-no-longer-a...

 

It's unclear what "Cost" means--is it the Cost of the (Asset + Land)

Yes, the ***TOTAL*** cost you paid for that specific asset, which in the case of residential rental real estate would include the land.