rdbrinks
New Member

Investors & landlords

This is pretty cut-and-dry depreciation on assets converted from personal use to business use as a daycare. The depreciation is nowhere near exceeding business income and the less-than-100% business use should already be factored in on the f4562 total. Yet TurboTax reported a smaller number than the f4562 number on Schedule C line 13 (for numerous past years I am now noticing).