I converted my rental to personal use (I did not live in it but I rented it out at below market rate) part way through the year. After entering the number of days it was rented and days of personal use, Turbotax's Schedule E showed full year depreciation on the property.
So I went to the Assets/Depreciation section of my property and answered "Yes" to "Did you stop using this asset in 2021?" and entered the date on which it was taken out of service. Then I answered "Yes" to "Special Handling Required?" because I converted the asset to 100% personal use. Turbotax then says my depreciation is zero.
I believe the correct depreciation should be the ratio of days it was rented, which is how Turbotax calculated the other rental expenses.
How do I fix this?
