In Turbo tax premier I own 50% of one rental property and it is taking 50% of the rents BUT deduction 100% of the depreciation in Investors & landlords
I am a Real estate Professional. Turbo Tax won't let me answer this question as a "yes" and keeps defaulting to "no". Why? in Deductions & credits
is mortgage interest paid on a vacant lot deductible, no intended purpose yet, in Deductions & credits