Investors & landlords

@Carl   But the vehicle deduction DOES increase your Passive Loss carryover.  So if you aren't claiming a valid vehicle deduction, you are losing out on the carryover.

 

@mbm2  To get around that program limitation, this is what I would do: 

  1. Enter it all under one property.
  2. Of the total vehicle deduction, manually calculate what belongs to the other two properties.  Add that combined amount to the income of the first property.  So the net effect is the first property will only get the deduction for the vehicle expenses for that first property.
  3. Add an 'other' deduction to the other two properties, using your manual calculation from step 2.