Question

What do you mean with "First Year Rented"? I have been renting this property for 2 years now. Does "TurboTax" meant "Whole Year Rented"?

Forum|Forum|4 years ago
April 10, 2022
1 reply
0 views

I do own a rental property and the software ask about my situation. The first option said "First Year Rented". but I had this property rented for at least couple of years

TurboTax Premier Online

PatriciaV

Employee

The question may be "...date you first started using it for business." This is typically entered for existing properties under the Rental Asset section.

If this is not the section where you see this question, review your answers for the Property Info/Profile section and be sure you didn't check "2021 was the first year I rented this property" on the page "Do Any of These Situations Apply?"

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