DianeW777
Expert Alumni

Investors & landlords

It depends.  You may have missed an answer to a question, or missed the question, about the percentage of rental use in the Property Info section. You have the option of calculating and entering the correct expense for each item.  I would advise you to enter the correct percentage of expenses manually. It will not calculate it later. 

 

Also, check the home asset to be sure it is being depreciated at only the business use percentage (1/3 per your information) or that you used only the business percentage of the original cost basis of the home.

 

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