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Level 1
posted Jun 4, 2019 8:08:34 PM

Where do I get a copy of the depreciation report on a rental property that was converted to primary residence? The rental property is no longer listed.

On 1/1/2018, in order to downsize, we moved into a rental property and made it our primary residence.  I went through all the questions about the conversion.  Toward the end, TurboTax asked that I kept a copy of the depreciation report on the former rental property.  I could not locate it on 2018 TurboTax Deluxe as the rental property is no longer listed as one of our rental properties.  Do I need to go back to 2017 TurboTax to get that depreciation report?

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1 Replies
Level 15
Jun 4, 2019 8:08:57 PM

If you moved in on Jan 1, 2018, then starting on that date the classification of that property ceased to be "residential rental real estate" and became personal use. Therefore, the SCH E was not filed for that specific property. So you need to pull the data from your 2017 return.

Basically, you need the two IRS Form 4562's from your 2017 return for that specific property. There will be two of them for that property and they both print in landscape format.