Rental property re-entering the market. We have pulled the rental for 2 renting again with lower cost basis(depreciation substracted). Turbotax won't let me add as asset
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Rental property re-entering the market. We have pulled the rental for 2 renting again with lower cost basis(depreciation substracted). Turbotax won't let me add as asset
it gives me " Nice work, you got a tax break with $1k deduction, but when i go to the Income page, assets are not showing and income is not decreased by this $1k condo depreciation.
Rental property re-entering the market. We have pulled the rental for 2 renting again with lower cost basis(depreciation substracted). Turbotax won't let me add as asset
After you enter the income and expenses, you will see "Asset" as the next option. Click on "Start" and you will be taken to the screenshot below.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.