@PaulaM , I just found and like the answer you gave in 2019 regarding deprecation of vehicle used for multiple rental properties. I'm asking for your help in a question I posted earlier today about this, mostly because last year, in the 2nd year of depreciation for a vehicle, I tried to enter depreciation for three different properties entering in TurboTax and two of the properties had use under 50%, one over 50%. Because I initially used MACRS 200DB MQ 5 yr in first year (when I only used for a single property at end of year), the depreciation dropped to 20% in year 2 for two of the properties because of less than 50% in use for two properties, while the third had over 50% use and allowed 38%. Super confusing. So, my question is, as long as all business use when totaled among the various rental properties is greater than 50% am I OK using MACRS 200DB or should I convert everything at this point to 20% SL for remainder of depreciation (I'm filing for 2022 now which is year 3 of depreciation.) And should I go back and file a corrected return for 2021 with everything on one rental due to change in accounting and used combined depreciation on rental with most use each year? I'm keeping track of things on a spreadsheet outside of TurboTax showing each property allocation of depreciation (essentially a Life History of Asset allocated among properties each year.
Thanks in advance.
-Nut
