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TurboxTax Home and Business 2022 does not create depreciation schedule a for a new rental property
I have purchased a new single family home in 2022 and put a renter in.
If I enter that I own 100% of the home it goes through Real Estate Expert screens and asks question about the cost basis of the house, closing cost, etc. to create depreciation schedule.
If I enter that I own only 50% of the home, it skips all of those steps and does not create depreciation schedule for the house!
Is it a bug in TurboTax 2022?
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‎February 24, 2023
4:22 PM