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Schedule E for a partial-year rental property: how to force TurboTax to allocate 100% of expenses to rental (and none to personal use)
I submitted this question 6 days ago but apparently it has already been archived. (the original was https://ttlc.intuit.com/questions/4690349) So, I'm reposting :
I rented my house in 2018 for the first time. It is a single family unit that I converted to a rental part way through the year. I want to deduct expenses associated with the rental.
Turbotax automatically allocates a pro-rata portion of certain rental expenses to a part-year rental, based on personal/rental use. For example, if I used the house for 90 days (personal use) and rented 270 days (rental), then turbotax allocates 75% of my expenses to my rental. That makes sense for interest, taxes, and insurance. However, it also takes the maintenance and repair expenses I enter, and also then only deducts 75% of what I enter. I don't want it to do that! For example, if I incurred $1000 of maintenance expenses for my rental, and I enter that in TurboTax, it only reports $750 as rental expense. How can I override TurboTax's default behavior for schedule E expenses for categories like maintenance and repairs, so that it doesn't only report 75% of those categories---while still deducting only a pro-rata share of things like interest and taxes.