Thank you @Carl for explaining in detail. I am really surprised that the period used as primary residence from Jan-Apr 2022 and then again Nov-Dec 2022 does not count for anything, anywhere on the tax return and I need to put ZERO personal use days. Once I updated my personal use days from 180 to 0, TurboTax has populated my insurance premium, repairs, cleaning/maintenance amounts in Schedule E accurately whereas previously it was assigning "$1" to each of those line items. Now it has populated these line items with 50% of the expense amounts I entered for each respectively.
The property we are discussing about is a condominium, not a house. Hence, the COST OF LAND should be zero, correct? I am looking at my TurboTax return from 2015 but not able to see the COST that was entered back then. Where can I find it?
I did not have to enter anything in the Deductions and Credit tab. Turbotax calculated 50% of my property tax and mortgage interest and populated it. I had read the small print. I did have a 8582 present in the 2020 return. What number should I use from this form and where?
