Converted rental into primary residence. Do I need to figure the percentage of real estate taxes paid during its use as a rental vs. a residence or does software do that?

[PaulaM · Accepted solution]

It's a manual adjustment-TurboTax only allocates expenses if you rented a part of your home. 

Indicate under the property profile section for your rental that converted the rental to personal use and that you disposed of the rental in 2017. 

Enter the interest/property taxes share for the rental (and any other rental expenses). Then enter the personal share of interest/taxes under the Deductions & Credits section.

Under the Rental Asset section, 'dispose' of the rental and any other assets that you have been depreciating. This will calculate the remaining depreciation and remove the worksheet going forward. 

** Print off a copy of the depreciation report. You will need this when you sell the property down the road.

[Carl]

TTX will do the splits for  you on the mortgage interest and PMI. But it does not pro-rate and split the RE taxes, or the property insurance. So you'll have to pro-rate the property insurance also. As a reminder, rememter that property insurance is not deductible for the period of time it was your residence.
Also as another reminder, remember to update your insurance policy on the property. A rental dwelling policy does not cover losses on the property if the property was your primary residence at the time a loss you make "think" is covered, occurs.