
Anonymous
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Investors & landlords
I'm having the same problem this year and still don't see a definitive answer here. I sold a rental property that was initially 2/3 business use for 3 years and 100% business use for the last 8 years. TurboTax performed the depreciation calculation for each of those years, so the program "knows" the depreciation history of the property. If I click "No" to the "Special handing required?" question, will TurboTax calculate the correct capital gain?
March 18, 2021
2:11 PM