Real Estate Rental deduction

I have 3 rental properties and 1 truck. I use the truck for 1 property that is only a rental property and 1 other property that I live in and rent out 26% of the property. How do I report the Truck for depreciation?

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If you elect to take 'Actual Expenses' rather than 'Standard Mileage' TurboTax will ask the cost of your vehicle for depreciation.

If you elect 'Standard Mileage' you only need to enter the number of Business Miles.

You don't have to Allocate between your two rental properties.

Click this link for instructions on how to How to Enter a Business Vehicle.

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Hello all, if we made over $150k as W-2 earners, why are we still able to deduct net loses for our rentals? Per IRS, there is a limitation.

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Real Estate Rental deduction