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New Member
posted May 6, 2021 8:40:40 PM

Does TurboTax prorate the expenses under Rental Property info automatically based on the number of days the property was rented versus in personal use?

When filling in Schedule E, that is.

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1 Replies
Level 2
May 6, 2021 9:54:04 PM

From what I see with the depreciation it does prorate the depreciation based on the number of personal days of use, and if you exceed the allowable 14 days all your deductions are wiped out!!!