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Investors & landlords
The MAC version of Turbo Tax 2021 does not calculate the rental home sales correctly. I started with the wizard and updated my rental income (that works) and the assets which get depreciated (2 out of 10 work), and then we get to home sales which does NOT calculate correctly. It also gives me errors an no way to fix them. How do I upload the screen shots so TT can fix the errors. Finally, there is no way to enter adjusted basis improvements on a rental home sale that are not being depreciated.
‎January 30, 2022
6:08 AM