Do I enter a rental upgrade in "repairs" section under "common expenses" before I see the depreciation section? in Investors & landlords
Where can I add the depreciation for the rental properties? I can’t find where asset/depreciation is? in Investors & landlords
I have a short term rental property that suffered a loss in 2024 and my K-1 shows an additional loss from depreciation. The loss on my K-1 for depreciation does not transfer to my personal return in the full amount. Is there a limit on this deduction ? in Get your taxes done using TurboTax