How do I change rental property from "Part of home" to whole home?

Forum|Forum|3 years ago
April 15, 2023
1 reply
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We converted a residence to a rental in 2021 and thus filled out Turbotax listing it as renting "part of home" (selected situations "converted home to rental" and "rented part of your home", as both applied).

For this year's return, 100% of the property was rented in 2022 for the whole year. Under "situations" for the rental property, Turbotax still lists "part of home". I cannot find a way to change this. I have ensured neither "converted home to rental" nor "rented part of your home" are selected. Under the page "want us to divide the rental related portion of <property>" I tried entering "area of home rented (%)" as 100%. Turbotax refuses to save that value and insists it must be <100%. I can enter 99.99%... Sure, effectively equal, but this isn't the situation...

I would prefer not to delete the entry for the property and dig up all the info to re-enter value, etc. Additionally, I want to make sure that depreciation calculated from last year's return continues to be tracked properly.

TurboTax Premier Online

PatriciaV

Employee

You should be able to change this property from a part-home rental to 100% rental by unchecking the "part of home" box under Situations. It's possible that logging out, clearing your browser cache and cookies then logging back into TurboTax may resolve this for you.

If not, choose "I'll do the math" on the "want us to divide" page. Then enter 100% of your expenses.

Also check to be sure you have reported 100% business use for your Rental Assets for depreciation.

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