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1 unit of duplex has been rented entire time; other I lived in 1st 2 years then rented. In past CPA listed on 1 Sch E w/diff start dates. How do I show this in TurboTax?

This is my 1st year using TurboTax and I can't see how to list the duplex as a duplex on one Sch E but with two different entry into rental dates (one for each unit)  for depreciation purposes. I know in TurboTax I can split the property and treat as two separate rentals with different entry dates/different Sch E forms, but that's not how my CPA has done it up to now - he called it a duplex, put it on one Sch E but listed two different entry into rental service dates for start of depreciation on each unit. I'm concerned about switching from one Sch E to two after 15 years of showing the duplex on one Sch E. Anyway please tell me the best way to enter the depreciation into TurboTax. thanks.

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MarilynG
Expert Alumni

1 unit of duplex has been rented entire time; other I lived in 1st 2 years then rented. In past CPA listed on 1 Sch E w/diff start dates. How do I show this in TurboTax?

You can still use one Schedule E to report both rentals, just as your CPA has been doing.

All your rental properties will be summarized onto one Schedule E.

You will have a Worksheet for each individual rental, though.

Here's more detailed info to help you:

https://ttlc.intuit.com/replies/6085015

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MarilynG
Expert Alumni

1 unit of duplex has been rented entire time; other I lived in 1st 2 years then rented. In past CPA listed on 1 Sch E w/diff start dates. How do I show this in TurboTax?

You can still use one Schedule E to report both rentals, just as your CPA has been doing.

All your rental properties will be summarized onto one Schedule E.

You will have a Worksheet for each individual rental, though.

Here's more detailed info to help you:

https://ttlc.intuit.com/replies/6085015

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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