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Investors & landlords
I could not find the "Assets/Depreciation" section you mentioned.
It's there. Start over in the Rental & Royalty Income (SCH E) section of the program. Elect to edit your rental and work through the screens. You'll come to one with four (or more) buttons on it.
Rental Income
Rental Expenses
Assets/Depreciation (Shows as Sale of Property/Depreciation when you sell or show some other change in or disposition of the property)
Business Vehicle Use (Or something pertaining to vehicle use in your rental business)
Select Assets/Depreciation and at an absolute minimum you will see the property itself listed there. If there's nothing listed, you have a major issue that must be addressed ASAP.
‎February 6, 2024
5:38 PM