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Investors & landlords
The ownership percentage can be changed by changing the Rental Property Info. TurboTax will automatically adjust expenses for you. Be sure to check your asset(s)/building, improvements, etc, to make sure they are being used 100% as well
- Open your TurboTax account > Search (upper right) > Type rentals > Press enter > Jump to link
- Select Edit for the property you want to change > Select Edit beside Rental property info > Edit under Situations
- Select Rented a unit in multi-unit where you live > Continue to the screen to enter your Rental Use Percentage
- Enter 100%.
This should allow you to change your property from 70% to 100%. See the images below.
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‎February 11, 2021
12:23 PM
4,966 Views