@Carl Really appreciate your thorough explanations to this question from last year. I'm having trouble in a similar way this year with TurboTax Online's line of questioning -- it is clear to me the depreciation value being calculated is on 100% of my property, not on the 25% it should be (I rent out 25% of my home). I wonder if language has changed slightly from last year?
I'm not seeing any page entitled "Asset Summary", or a way to fill in a "percentage of time I used for this business" (as a way to trick the software by filling in "percentage of home rented"). Instead, I'm seeing a chance to enter "number of days for rental use" and "number of days for personal use" together. When I try to trick the software as you recommended (entering 91 days for rental, a.k.a 25% of 365, and 273 for personal, a.k.a. 75% of 365), the software automatically prorates all of the expenses I manually entered.
What are my options here? Am I missing something in this year's software that has fixed the problem you wrote about here last year? Or should I put in the full (100%) amounts on each expenses, let the software prorate them based on the 91 days I entered (even though it wasn't 91 days, it was 365 days of 25% of my home) -- would I then end up with correct expenses and depreciation? Or would something still be off?
Thanks!
