1 unit of duplex has been rented entire time; other I lived in 1st 2 years then rented. In past CPA listed on 1 Sch E w/diff start dates. How do I show this in TurboTax?

boeing20181sttim — Thu, 06 Jun 2019 06:54:01 GMT

This is my 1st year using TurboTax and I can't see how to list the duplex as a duplex on one Sch E but with two different entry into rental dates (one for each unit) for depreciation purposes. I know in TurboTax I can split the property and treat as two separate rentals with different entry dates/different Sch E forms, but that's not how my CPA has done it up to now - he called it a duplex, put it on one Sch E but listed two different entry into rental service dates for start of depreciation on each unit. I'm concerned about switching from one Sch E to two after 15 years of showing the duplex on one Sch E. Anyway please tell me the best way to enter the depreciation into TurboTax. thanks.

You can still use one Schedule E to report both rentals,...

MarilynG — Thu, 06 Jun 2019 06:54:02 GMT

You can still use one Schedule E to report both rentals, just as your CPA has been doing.

All your rental properties will be summarized onto one Schedule E.

You will have a Worksheet for each individual rental, though.

Here's more detailed info to help you:

https://ttlc.intuit.com/replies/6085015

topic You can still use one Schedule E to report both rentals,... in Investors & landlords

1 unit of duplex has been rented entire time; other I lived in 1st 2 years then rented. In past CPA listed on 1 Sch E w/diff start dates. How do I show this in TurboTax?

You can still use one Schedule E to report both rentals,...