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In my rental property info section, I've entered in values in various expenses/assets (depreciation) but TurboTax says "not started" and returns 0 on the summary page.

I've added in values for insurance premiums, cleaning/maintenance, and utilities but it is returning 0 and says "not started"
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7 Replies

In my rental property info section, I've entered in values in various expenses/assets (depreciation) but TurboTax says "not started" and returns 0 on the summary page.

I don't have any suggestions for you, but wanted to add that I have the exact same issue. I've called in and spent ~90 minutes on the phone with TurboTax support, but no one was able to help me.

 

I thought it might have to do with some passive income loss limits, but if that's the case, then the interface is extremely confusing. 

In my rental property info section, I've entered in values in various expenses/assets (depreciation) but TurboTax says "not started" and returns 0 on the summary page.

One more thing - there's another question like this one here: https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-website-won-t-allo...

 

If you want to add your experience to that thread also. I think more attention to a single thread is likely to help get the question answered.

In my rental property info section, I've entered in values in various expenses/assets (depreciation) but TurboTax says "not started" and returns 0 on the summary page.

I have been on the phone for 2 hours now and no one can answer this question.  It makes me question the validity of the entire software.  Even if I was at my limit due to passive losses it should save it until next year and not show "not started".   I used to love Turbo Tax, but now it is the most frustrating experience.

hwall
New Member

In my rental property info section, I've entered in values in various expenses/assets (depreciation) but TurboTax says "not started" and returns 0 on the summary page.

I had the same problem.  I think I figured it out.  As my ADU was not rented for part of 2020 due to Covid when asked how many days it was occupied and how many days personal I subtracted the occupied days from the total number of days in the year and put in that amount under personal days.   I was not able to add any expenses as other people have reported.  However when I ran the federal review it came up that I should have put zero for personal days.  When I did that all the expenses I had added showed up.

 

Jetspeedv
New Member

In my rental property info section, I've entered in values in various expenses/assets (depreciation) but TurboTax says "not started" and returns 0 on the summary page.

Hwall has the answer that helped me. When I went back and clicked on the ‘?’ by personal days in the definition it says not days you used the property yourself as your primary residence after converting it from a rental to personal property. This turbo tax section is worded very poorly. Apparently personal days doesn’t mean days you personally lived in the home as a primary residence. I moved into a property I had rented to a builder as a model home. I put the days I rented it for business and left personal days blank and it worked. Good luck

akcazares
New Member

In my rental property info section, I've entered in values in various expenses/assets (depreciation) but TurboTax says "not started" and returns 0 on the summary page.

oh my gosh, THANK YOU! this worked for me! I was about to lose my mind and TurboTax couldn't help me.

In my rental property info section, I've entered in values in various expenses/assets (depreciation) but TurboTax says "not started" and returns 0 on the summary page.

Same here, this advice worked for me as well. But I should note that it dropped my federal and state return estimates (shown at the top of the page) significantly, so I ended up repopulating the personal days values.

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