I have a condo that I use as a rental property. Is this consider a rental property with assets (other than vehicle)?

posted

Connect with an expert

2 Replies

I have a condo that I use as a rental property. Is this consider a rental property with assets (other than vehicle)?

Yes, this is considered rental with assets that need to be depreciated. It is not a vehicle.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

I have a condo that I use as a rental property. Is this consider a rental property with assets (other than vehicle)?

Understand that the condo itself "is" a rental asset. It's typically the first thing listed on the summary screen in the Assets/Depreciation section. It's also not uncommon for it to be the only thing listed either.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

I have a condo that I use as a rental property. Is this consider a rental property with assets (other than vehicle)?

I have a condo that I use as a rental property. Is this consider a rental property with assets (other than vehicle)?

I have a condo that I use as a rental property. Is this consider a rental property with assets (other than vehicle)?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

I have a condo that I use as a rental property. Is this consider a rental property with assets (other than vehicle)?

Do you have an Intuit account?

I have a condo that I use as a rental property. Is this consider a rental property with assets (other than vehicle)?

I have a condo that I use as a rental property. Is this consider a rental property with assets (other than vehicle)?

Unlock tailored help options in your account.

Get more help

Related Content