topic Where do I enter a residential real estate depreciation schedule of 27.5 years on Schedule C? The income from my rentals is treated as active not passive in Business & farm

Where do I enter a residential real estate depreciation schedule of 27.5 years on Schedule C? The income from my rentals is treated as active not passive

dhuber24 — Mon, 23 Feb 2026 13:33:46 GMT

Re: Where do I enter a residential real estate depreciation schedule of 27.5 years on Schedule C? The income from my rentals is treated as active not passive

Anonymous_ — Thu, 02 Feb 2023 22:56:02 GMT

Re: Where do I enter a residential real estate depreciation schedule of 27.5 years on Schedule C?...

ThomasM125 — Thu, 02 Feb 2023 22:37:33 GMT

You would have to use the desktop version of TurboTax to enter a residential property for your business reported on a schedule C. In that program, you would use the Forms menu option to bring up a list of the forms in your program and then find the Asset Entry workheet for the property you entered as a commerical property. On the worksheet, you can enter I - Residential rental on line 5 and then your property will be listed as residential and depreciated over 27.5 years.

Re: Where do I enter a residential real estate depreciation schedule of 27.5 years on Schedule C? The income from my rentals is treated as active not passive

Mike9241 — Fri, 03 Feb 2023 01:50:50 GMT

if the residential real estate is used in your business s such as a home office it is considered business real estate with a 39 year life.