Can turbotax business do rental property too?

If you are referring to the TurboTax online Self-Employed edition, then Yes that edition can also be used to report rental property income and expenses on a Schedule E.

Just for clarity if it helps.

TurboTax Business - This program is for completing tax returns for partnerships, estates, trusts, C-Corps, S-Corps, and multi-member LLC's. It can not be used for completing a personal 1040 tax return of any type. The TurboTax Business program is available for the Windows operating system only. It is not available for MACs, or as an on-line product.

TurboTax Home & Business - This program is available for the Windows Operating System and MACs. It contains all forms needed to complete a personal 1040 tax return, and also supports reporting rental income/expenses with SCH E, self-employed business income/expenses with SCH C and farming income/expenses with SCH F, investment income a many others.

TurboTax Self-Employed - This is an online product only and has all the same functionality and capability as TurboTax Home & Business.