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MY RENTAL PROPERTY 2017 IS MY PRIMARY RESIDENCE. HOW CAN I FIX THIS ON MY RETURN.

 
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Accepted Solutions
Coleen3
Intuit Alumni

MY RENTAL PROPERTY 2017 IS MY PRIMARY RESIDENCE. HOW CAN I FIX THIS ON MY RETURN.

When you click that you have convered back to personal use, it should stop any depreciation. Expenses would be limted to the months of rental use. Items such as mortgage interest and property taxes would be prorated between Schedules A and E. 

See the screen shot below.

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7 Replies
Coleen3
Intuit Alumni

MY RENTAL PROPERTY 2017 IS MY PRIMARY RESIDENCE. HOW CAN I FIX THIS ON MY RETURN.

When did you convert it back to personal?

MY RENTAL PROPERTY 2017 IS MY PRIMARY RESIDENCE. HOW CAN I FIX THIS ON MY RETURN.

August 2017

MY RENTAL PROPERTY 2017 IS MY PRIMARY RESIDENCE. HOW CAN I FIX THIS ON MY RETURN.

August 2017
Coleen3
Intuit Alumni

MY RENTAL PROPERTY 2017 IS MY PRIMARY RESIDENCE. HOW CAN I FIX THIS ON MY RETURN.

Did you indicate (on the screen that I will include in an answer) that you converted it back to personal use?

MY RENTAL PROPERTY 2017 IS MY PRIMARY RESIDENCE. HOW CAN I FIX THIS ON MY RETURN.

Which screen
Coleen3
Intuit Alumni

MY RENTAL PROPERTY 2017 IS MY PRIMARY RESIDENCE. HOW CAN I FIX THIS ON MY RETURN.


There is a scrren shot in my answer. It is very pale. click to enlarge it.
Coleen3
Intuit Alumni

MY RENTAL PROPERTY 2017 IS MY PRIMARY RESIDENCE. HOW CAN I FIX THIS ON MY RETURN.

When you click that you have convered back to personal use, it should stop any depreciation. Expenses would be limted to the months of rental use. Items such as mortgage interest and property taxes would be prorated between Schedules A and E. 

See the screen shot below.

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