Should I delete Schedule E for a property that was converted from rental to home use on 01/01/2025, if I keep getting errors in both: days rented & days of personal use?

Forum|Forum|4 months ago
March 6, 2026
3 replies
18 views

I entered 01/01/2025 as the Disposition date, when I enter o for days rented and 365 for days of personal use, I get an error message stating that the unit is an owner occupied rental property. What am I missing?

ProSeries Professional

sjrcpa

Level 15

Are there suspended passive losses associated with it?

What would happen to the cost basis and accumulated depreciation if you deleted it?

The more I know the more I don’t know.

Just-Lisa-Now-

Intuit Community Champion

I usually print out the depreciation details worksheet (for recapture purposes once its sold) and then delete the Sch D

Ive heard other people put all assets to .01% business use and leave the Sch E in place, they both accomplish the same thing.

EDIT: I hadnt considered suspended losses, maybe the .01% bus usage and leave the Sch E intact along with the 8582 is a better bet?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Skylane

Intuit Community Champion

I reduce assets to .01% business use as Lisa suggests. Works fine.

If at first you don’t succeed…..find a workaround

T

TaxGuyBill

Level 15

I would make a note of the depreciation and any passive losses and delete the Schedule E worksheet (unless there are other passive activities that would use the passive loss carryover).

As others noted, some people keep it, but I don't want an unnecessary blank Schedule E filed with the tax returns.

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