Petersbk
Returning Member

Investors & landlords

Ok - it is the Special Handling page that is holding me up.    When clicking "Learn more" next to the option that says "The business use of this asset varied during the time of ownership" I see the following note:  

 

Variable Business Use Percentage

If the business use percentage varied over the life of the asset, the program cannot automatically compute the sale information.

 

The house in question was used as a rental from May 1995 - December 2001.  It was used exclusively as a rental from 1/1/2002 until the sale on 1/8/2020.  It seems to me that it would be appropriate for me to check "yes" on the special handling box since the asset went from 100% personal use to 100% rental use during the time of ownership.  Is that correct?  If so, am I understanding that Turbotax is basically worthless to me when trying to account for the sale of the home?