turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

uffda
Returning Member

Did not rent in 2025 but have some expenses and depreciation. Do I skip in 2025, and then start again in 2026?

Rental is a duplex in which I live in one unit.  It was consistently rented for about 35 years but only partial in 2023 and even less in 2024.  I am slowly fixing things myself, as time allows. Although I did spend a little on advertising, repairs, utilities (ie keeping it livable) and have a depreciation schedule, I did not rent it out (but didn't use as personal either).

 

Do I (should I) skip the Sch E completely until I start renting it out again?  And if so and it deletes the Sch E, how can I get Depreciation back and on track if I start renting it again in 2026?  

 

btw - I did create to copies in turbo tax, one with and one without, and the bottom line is about $700 difference.

 

Thanks for any guidance.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
M-MTax
Level 15

Did not rent in 2025 but have some expenses and depreciation. Do I skip in 2025, and then start again in 2026?

If the property was ready and available for rental use, don't skip a year.

uffda
Returning Member

Did not rent in 2025 but have some expenses and depreciation. Do I skip in 2025, and then start again in 2026?

Thanks.  It's rentable but I'm not rushing it.  There are several shared areas so I tend to make sure that we will get along.  I've been very spoiled in the past (mainly word of mouth) so hesitant when attempting just thru advertising again. 

M-MTax
Level 15

Did not rent in 2025 but have some expenses and depreciation. Do I skip in 2025, and then start again in 2026?

Just has to be "available for rent". 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question