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Business & farm
I'd say it'd be considered more of a rental / passive income. No matter what I do in TT, it never lets me put in the camper as the asset with the 5 year depreciation like I've seen other TT users say TT let them do. I've tried what others have posted.... tried finding the 'tools/machinery' so I could input the camper and get the 5 yr depreciation. Can't find it. No matter what tips I find on TT blogs I cannot get TT to do what they say. I've only been able to find the real estate rental part in TT, which I know is incorrect. I have an online Windows download, not the CD version--not sure if the online version is less user friendly? Maybe TT is just having some technical difficulties with a newer version than what all the other TT users have been able to input camper rental in? I mean, people start businesses and buy rentals all the time that make no money the first year. I wouldn't think it'd not let me have ANY deductions just because I made no income the first year. I did have a reservation booked for it last year for 2023. I need guidance in how to get this input into TT Premier. I've wasted so much time with this already. Please help...