bvc0911
New Member

Two different answers on here regarding how to input Rental Property income/expenses. One says prorate, another says enter full amount. Which is correct?

While searching Community answers for how I should enter mortgage interest, real estate taxes, etc on my Federal Return, there are two conflicting answers: One says to prorate, the other says to enter full amount and TurboTax will prorate to Schedule E based on Fair Rental Days and Personal Use Days percentage.

Based on above, I'm not sure which method is correct!

I use TurboTax Premier for Mac.

Thanks,

B