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You'll enter each house as a rental property and indicate that you converted it to a different use in 2017. During the rental interview, TurboTax prompts Do any of these situations apply to this property? Scroll down and select the appropriate response under Converted depending on which house you are working on. (Click the first two screenshots below for reference.) Your choices are:
TurboTax will walk you through the process of entering your rental information, and you may click the Learn More links for additional guidance. When you are finished entering the first house in the rental section you'll end up on the Rental and Royalty Summary. Click +Add Another Rental or Royalty to repeat the process for your second house. (Click the third screenshot below for reference.)
The FAQ has instructions for getting to the rental section in TurboTax.
You'll enter each house as a rental property and indicate that you converted it to a different use in 2017. During the rental interview, TurboTax prompts Do any of these situations apply to this property? Scroll down and select the appropriate response under Converted depending on which house you are working on. (Click the first two screenshots below for reference.) Your choices are:
TurboTax will walk you through the process of entering your rental information, and you may click the Learn More links for additional guidance. When you are finished entering the first house in the rental section you'll end up on the Rental and Royalty Summary. Click +Add Another Rental or Royalty to repeat the process for your second house. (Click the third screenshot below for reference.)
The FAQ has instructions for getting to the rental section in TurboTax.
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