Stumbling thru how to add 25% purchase to an existing property

[carwhore1957]

In Oct I purchased an additional 25% of a commercial rental to my already 50% holding in the property. (I bought out my brother). Obviously I don't want to claim the income & expense for the entire year for the now 75% ownership. But that appears to be the only option in the program. Do I have to treat the new 25% as a separate property and reenter the same data for both the 25% and 50%?

[Carl]

Assuming you purchased ownership in physical real estate, you will enter your purchase as a physically separate asset in the business Assets/Depreciation section. The 25% you purchased would then be 100% business use (I presume it is by you, now) and depreciation will start on the date you placed your purchase in service as a business asset - which I would expect to be the closing date of the sale/purchase.