Hello Carl,
I've a similar situation. Let's say I've rented 50% of my home from February 1st and it is the first year of rental, paid 1000$ in real estate taxes and 100000$ was the building cost.
Turbotax seems to be doing correct calculations and deducting real estate taxes - 50% X 1000 = 500$
The home depreciation, given that I've rented from February 1st, turbotax is doing 100000 X 3.182% = 3182$ but doesn't seem to account for the fact that only half of the home is rented... I was thinking it will do 50% of 3182 = 1591$.
Can you help what I may be doing wrong?
