Perhaps because I’m using TurboTax Online?
Yep, that's why. I've never used online.
I have the option to add assets.
I would think that if you have the option to "add assets", instead of the option to edit an already entered asset, that would indicate to me that you haven't entered any assets. So if the property asset does not exist yet, you definitely need to enter it.
For me, on the rental property summary screen my selections are Rental Income, Rental Expenses, Assets/Depreciation, and Vehicle Expenses. The "Assets/Depreciation" section in the CD version is where I'm going.
Upon selecting the Assets/Depreciation section, if there are not already assets there, then I get the screen to enter my first asset. Otherwise, if assets are already there, they're listed for me with an option to edit each listed asset individually, and a separate button to "Add Another Asset".
