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Business & farm
You would need to use the desktop version of TurboTax to change your commerical property to residential. Using the Forms menu option, you can pull up the Asset Entry worksheet and on line 5 of that worksheet you can chose the code I Residential rental real estate option.
If 2022 was not the fist year the property was placed in service, that will definitely screw up depreciation. Otherwise, you're fine.
‎February 3, 2023
9:46 AM