Investors & landlords

This is under the Mortgage Interest area of the Expenses/assets (depreciation)

First, there is no "expense/assets" section. Your wording/understanding is skewed there and can be misleading. There's an "expenses" section  and a separate "Assets/Depreciation" section.

Start over in the expenses section and work it through each screen, making absolutely certain that you look for and read the small print on each screen.  Now I'm using the CD version of TurboTax, which is what I highly recommend for "ANY" first time user of the program. For a new users, I do not consider the online version to be "user friendly" at all. But then, we're all entitled to our opinions too.

Here's a screen shot to show you exactly where the PMI box is on the desktop version. Circled in red. Take note that I had to scroll down in order to see it. The scrolling isn't an issue really, since you have to scroll down anyway, to get to and click the Continue button.

Do I choose that both lenders had Qualified Mortgage Insurance Premiums since TurboTax is already splitting the premium between personal and rental use days?

The program doesn't ask you for the PMI for each lender separately. It's asking for the total amount of PMI paid, and "to all lenders" is not clarified. But that's what it is. Keep in mind that the PMI is deductible in total, and it flat out does not matter which lender you paid it to either. In the end, the program just adds all the PMI and mortgage interest payments together (for the rental property) and that total ends up on line 12 of the SCH E in the column for that specific rental property.