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Vacation Rental

vgatestax
Level 2

The vacation rental use is 63%.  The depreciation schedule shows the business percent as 10%.  How do I change it?  Thank you for your reply.

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2 Replies 2
abctax55
Level 15

That percentage is from either:

days rented vs days used personally, or

an override on Screen 22 for the specific asset(s).  Look for "other info" & "business percentage"

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abctax55
Level 15

OK...specifics:

Left side > Sections > 3rd one down > "Additional Information" > 2nd one down = Percentage of business use(.xxxx)

(I wanna be a member of the pot stirring club too)