Bought house in May2014 for personal, then rental in July2017.
Total was $185K (land was $50K).
For date I started using rental, I put 7/1/2017.
Turbotax automatically calculates % time used for business as 50.14%.
Turbotax calculates my depreciation as $1,105.
According to my calculations it's closer to $2,210 = ($185,000 - $50,00) divided by 27.5 multiplied by (6 months - 0.5)/12))
It seems Turbotax is double inputting 7/1/2017 as half the year and then further dividing by 50.14%?
Please help.
