Thanks, Carl.
It's true that I am only renting out the property some of the time, and I'm aware that expenses like mortgage interest and depreciation will be allocated between personal use and rental use. But the issue is not the depreciation expense, but rather the basis. The program is not counting any of the improvements in the basis, and instead is just using the original purchase price. I think it is a programming glitch and I'm wondering if anyone else has experienced it, and whether there is a workaround.
