@cindychenhe74 wrote:I already into schedule e, should I input the property value to "Residential Rental Real Estate" category?
Yes.
@cindychenhe74 wrote:And I do refinance for this property 4 years ago, should I use refinance documents or original purchase documents to input expense?
The loan, including refinancing, does not change anything. You use the LOWER of (1) your Adjusted Basis (usually your original cost, plus cost of any improvements, minus any prior depreciation) or (2) the Fair Market Value when it was converted to a rental.
