turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

PraS
New Member

Asset Depreciation

Hi! I tried entering my long term rental with “carryover passive losses from a year prior” option and entered everything needed. However I do not see an option to add an asset under asset section to depreciate my building at 27.5yrs like the previous years. The asset goes to Zero and does not have an option to “add asset”where am I going wrong?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
PatriciaV
Expert Alumni

Asset Depreciation

Please clarify which version of TurboTax you are using: Online or Desktop? Windows or Mac? If Online, which browser? Did your rental property carry over from last year's return?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies