Question: When I make depreciation schedule for Rental Properties, Depreciation is not showing to Rental Property Schedule.
Guidance:
A. Rent from Financial Import
For Rental Properties, you need to manually add them in FORMS. Rental Worksheet should be completed manually.
Rental income/expenses should be classified accordingly from the Settings>Chart of accounts to avoid duplication of income/expenses once Rental schedule or worksheet has been completed manually.
Learn more from this guide Rental Schedule from QuickBooks - Individual Tax Return (ITR)
B. Rental from LodgeiT "Tools"
For depreciation recorded on Tools>Depreciation to be injected in the form, please follow these following guides:
ITR Depreciation: Rental Property - Capital Allowance
Other Related guides:
Rental Worksheet in Partnership Tax Return
Rental Worksheet in Trust Tax Form