Thank you for your detailed response @AmyC .
I entered that my home was dedicated 100% for the rental business, while rented 50% of the year. I am doing the math manually to double check: multiply the price of the home by 181 (days rented) and then divide by 365. The depreciation number I get is $525 more than what TurboTax gives me and shows on form 4562. Seems on the right track but a bit worried that it is not the exact same amount. Could the depreciation amount change a bit due to the date placed in/out of service or the date purchased? Can Turbotax still have this right?
Thanks so much!
