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Investors & landlords
@TaxAsker01s wrote:
Thus, shouldn't I be able to deduct the full amount?
Yes, you should under most circumstances. Unfortunately, TurboTax makes certain assumptions, some of which are unwarranted (while others are), and repairs are programmed to be prorated.
If you have expenses that TurboTax automatically prorates between rental and personal use, but should be allocated solely to rental use, then you will have to enter those expenses as "miscellaneous".
‎January 23, 2022
7:48 AM