This contradicts Carl's post, which instructs the user to enter the full amount of the property tax bill in the rental expense section, which TurboTax will then allocate between Schedule E and Schedule A.
When renting a part of your home, you have a choice to either let the program do the splits "for you", or you can do them manually.
If you elect to have the program do the splits "for you", it's important to understand the program does not and can not "CORRECTLY" split everything in every situation. For example, since property insurance is not deductible for the personal use portion and therefore can not be claimed anywhere on the tax return, the program can not and does not pro-rate the property insurance. You still have to do that manually. If people would read the small print on each and every screen, they would no that. But it's rare for people to do that. Therefore, I suggest folks to do the splits all manually. Typically, this manual process is only needed in the first year. After that, the only thing that "I know for a fact" they will have to split manually each and every year, is the property insurance, since it gets prorated for the SCH E only.
