No longer renting our Vacay Rental (2018) due to Hurr Irma damage & don't plan to anymore. TTH&B asks to fill out SchC and Car & Truck inf. Do I delete SchC?

[zuvyte1]

We are no longer renting our Vacation Rental in 2018 due to Hurricane Irma damage & we don't plan on renting it anymore. It will only be used as a second home.  TurboTax H&B is asking us to fill out Sch C and Car&Truck info. Do I delete Sch C? Can I use TurboTax Deluxe in the future?  Will our business losses be tracked in TT Dlx & when we sell our second home will the Capital gains/losses be tracked properly?

[JulieR · Accepted solution]

You can delete the Schedule C if it is no longer applicable but before doing so, be sure you have saved copies of your depreciation schedules and Schedule D carryforward information, etc. After the information is deleted, TurboTax will no longer be able to track it for you.