How do I figure depreciation for a rental home?
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You enter the rental property as an Asset in the Rentals and Royalties section of the program. The software will calculate the depreciation for you.
See this TurboTax support FAQ for rentals - https://ttlc.intuit.com/questions/1894483-where-do-i-enter-income-and-expenses-from-a-rental-propert...
See this TurboTax support FAQ for assets and expenses - https://ttlc.intuit.com/questions/2569432-what-is-rental-depreciation-and-how-does-it-differ-from-an...
See this TurboTax support FAQ for capital improvements and depreciation - https://ttlc.intuit.com/questions/2900280-how-do-i-handle-capital-improvements-and-depreciation-for-...
You enter the rental property as an Asset in the Rentals and Royalties section of the program. The software will calculate the depreciation for you.
See this TurboTax support FAQ for rentals - https://ttlc.intuit.com/questions/1894483-where-do-i-enter-income-and-expenses-from-a-rental-propert...
See this TurboTax support FAQ for assets and expenses - https://ttlc.intuit.com/questions/2569432-what-is-rental-depreciation-and-how-does-it-differ-from-an...
See this TurboTax support FAQ for capital improvements and depreciation - https://ttlc.intuit.com/questions/2900280-how-do-i-handle-capital-improvements-and-depreciation-for-...
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