Investors & Landlords Tax Forum Q&A

My son lives in my 2nd home year round and pays the mortgage which is a lot less than fair rental prices. Do I report it as income or is this a case of cost sharing with a close family member?

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Depreciation recapture on rented bedroom

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Investment Income Section does not work properly

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accrued interest reported on Series HH/H savings bonds

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MIU (Management incentive unit) reporting

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Is my Property Management required to send me a 1099-MISC for a SFH Rental Property?

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Full Service - Depreciation Schedules

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2nd house we get under FMV rent from family can I amend past years returns to remove that money as income

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Crypto CSV import STILL not working.

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10 Replies 7482 Views

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Import of 1099 from National Financial does not work

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Rental Carryover Loss on NJ Returns

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How do I file on the sale of farm land in a trust?

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TurboTax not generating Schedule C for Section 475f

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REIT capital gains tax for foreign investors?

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Single-member LLC pay rent to keep liabilities separate?

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How do I report single member LLC used for rental property that has not had the property moved into it yet?

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1065 form Analysis of Net Income (Loss) per Return: Partner Type Auto Generates as Limited Instead of General

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taxes on wash sale disallowed if net loss is greater

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Determination of Qualified Business Income Credit

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QBI Safe Harbor.: TT already had me do a Schedule E. Should I now delete that and do a Schedule C instead?

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Turbotax doesn't allow me to correct one single cost basis in an imported 1099-B nor does it allow me to delete only one imported account

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Proper way to address Casualty Gain on Rental Property

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If Restricted Stock Units (RSU) is included in Box 14 of my W2, what do I put for “Category” in TurboTax?

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ISO Exercised and Held in 2021 (Do I need to delete "ISO Purchase Summary" in 2022 tax return?)

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I have a rental property in North Carolina but my Non-Resident return income is listed as zero?

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Foreign Tax Credit (Form 1116) on Sale of Foreign Rental Property - Gross Income & Definitely Related Expenses

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0 Replies 6581 Views

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Rental property vacant for part of year because of fire. Can I claim it to be rented for the entire year?

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Personal use or not for profit rental

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TurboTax is putting personal income from 1099-MISC onto schedule C and (incorrectly?) calling it business income

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rental properties' passive losses

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Selling Rental: Passive loss and depreciation

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Expired Written (short) stock options imported with errors and I cannot correct them

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How to claim losses from unregulated futures trading?

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Second home, I think? explained below Military

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How do I enter a 1041 and K-1 into a Deluxe Turbotax (Federal Only)

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1 Reply 373 Views

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Vacation Rental with Suspended Passive Loss Sold for Gain

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TT Premier 2023 refuses to accept partnership K-1 data

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!099 to Indepent Contractors Paid by Property Manager Out of Trust Accounts

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Putting summary in 8949 for foreign Mutual funds

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I used my 529 to pay for part of my rent. How do I file my Indiana renter's deduction?

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1 Reply 377 Views

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Schedule E - property information problem / challenge

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Existing 1031 property transfer to LLC - how to avoid rolled-over capital gain taxes

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Joint Brokerage Accounts and Capital Gain/Loss Taxes with Nominee

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Total Loss of property

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What are the tax implications of a sibling buyout…

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capital improvement from old times

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How to properly repay a friend for living in her apartment (it's her lease -- we're friends so there's no sublease). She's paying a monthly lease -- I'm simply trying to repay her 100% of her lease e...

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Primary home abroad turned rental now sold

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Foreign Tax Credit - I can't get it to work

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How do I report WeBull free stocks that I sold last year?

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How to handle NMWHFIT ADDITIONAL WRITTEN STATEMENT for GLD ETF investment

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Rental income and state taxes

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RSUs Shares Sold to Cover Taxes Question

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1 Reply 397 Views

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Reward stock units and a sale back to the employer

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3 Replies 1250 Views

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Business and Personal income on the same 1099-K

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1 Reply 576 Views

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WAGES & INVESTMENT INCOME

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...

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incorrect cost basis on 1099, Volkswagen stock (VLKPY) converted to OTC in 2018 with new symbol VWAPY

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1 Reply 602 Views

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Property rented 2016-2019, for 2020-21 I just didn't enter it, now how do I claim expenses for 2022? Want to do 1031 exchange

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Form 1116 with multiple countries solution

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About my 1099-b

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Turbotax premiere and Crypto filing

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Mini-split installed - too late to add as an asset?

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Holdover tenants that dont pay rent

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Nanny Tax Rules

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Using passive activity losses in other investments to offset rental property sale gain

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High Fees & Taxes due on land in an IRA Custodial account?

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1031 exchange cash boot - reduce taxable amount by deducting improvements made to relinquished property?

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Need help with K1 and it's 199A with TurboTax

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Fiance owns duplex, we live on 1 side rent the other. Rent checks are in his name but go into joint account. Who claims?

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1 Reply 697 Views

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Seeking guidance - I’m going to owe a huge amount of taxes April 2023 Due to massive short term capital gains

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2 Replies 1153 Views

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Late 2020 Corrections to 1099 Increased Capital Loss Carryover from 2020

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2 Replies 896 Views

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Sales from RSA with 83(b) – Long term or Short term?

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1 Reply 730 Views

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LLC sold land and don't know which form to use

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7 Replies 2772 Views

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How to properly report ISO's excercised in a previous year but partially sold in the current tax year?

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2 Replies 961 Views

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RSU sell to cover for 2021

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Calculating capital gains

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Navigating wash sales that includes closed position

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Legal fees from on-going lawsuit regarding a failed rental property acquisition

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4 Replies 3353 Views

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Turbotax for Roth conversion

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1 Reply 471 Views

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Recieve error "Hit a slight snage in this section" when reviewing federal return for Stocks, Mutual Funds, Bonds, Other

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3 Replies 1477 Views

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Large one-time increase in income.

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1 Reply 603 Views

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do i use acquisition cost or adjusted cost when it comes to ESPP and RSU on qualified long term holds

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Partially owned rentals & auto deductions

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Loss after sale of Rental

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Rental Apartment Repairs/Renovations

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2 Replies 774 Views

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RSUs sold to cover taxes show a gain sent to the government, why am I being taxed on this gain?

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How do I claim income from the satisfaction of a mortgage that I held on property?

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Basis adjustment for repairs of casualty loss of rental property

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Decrease capital gains by gifting

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Capital Gains Exemptions

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How does Qualified Opportunity Zone investment affect MAGI?

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LLC Owned Rental Property - Vacant First Year

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How do you procedurally enter the data into TurboTax for the sale of a rental property?

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Capital Loss Carryover from 2018

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INSTALLMENT SALE: What is the formula for converting Gross Profit Percentage to find Cost Basis and Selling Price?

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1 Reply 660 Views

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Back Door Roth - Taxes

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1 Reply 733 Views

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I think I've made a significant rental home depreciation mistake

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1 Reply 1337 Views

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MLP ordinary income in wrong place on Form 8949? And is statement required?

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Sale of a mutual fund

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Should you update the business percentage for a rental property from year to year?

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Cost basis adjustment for Wash Sales dealing with options...

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Emigrating - tax implications from new Green Card holder and US wife

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1 Reply 582 Views

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Basic K1 questions

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1 Reply 976 Views

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Form 1116 - Foreign source qualified dividends calculation

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2 Replies 1370 Views

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Will my investment loss this year carryover into a future trading LLC I plan on creating next year?

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Financial interest in any virtual currency? " on IRS form 1040

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Are PFICs held in an HSA subjected to reporting requirements and taxes?

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1 Reply 576 Views

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Where do I enter income from a forfeited real estate deposit on the sale of our rental property?

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1 Reply 1896 Views

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Selling a rental - depreciation recapture

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3 Replies 7018 Views

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In the first year of Mark to Market (M2M) accounting, what happens to existing long term holdings?

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5 Replies 2426 Views

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Wash sale Loss disallowed ERRORS

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I filed married separately and have a large individual investment tax (capital gains). If i file jointly will this be smaller?

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Sale of property

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1 Reply 468 Views

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Tax reporting 1031 property donated to a charitable trust

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8949 and Schedule D - wash sales

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dividend

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How do I claim rent through Registered Agent to maximize tax benifits?

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Proceeds From Real Estate Transaction

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How do I report currency realized losses?

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Selling Rental Property after Divorce and Reporting Capital Gains

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Depreciation recapture on partial rental of personal home

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Can my father declare on his taxes the income from renting out 2 rooms in a house (in which we both live), if he transfers the house to me? Or will I be required to report this income?

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I sold large amount of capital gains. What are my options to reduce taxes

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Sold $100,000 stock can I place in IRA and do Roth Conversion

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Sale of investment

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1 Reply 686 Views

1 Reply

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Question about form K1 line 19 item A and carrying over losses

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Capital Gains on home sale

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Right of Redemption

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Lost in stock in the past but haven't claim

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1 Reply 892 Views

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Rental Property

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1 Reply 725 Views

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Wrongfully withheld interest income F1099

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1 Reply 885 Views

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How to adjust 1099 MISC income on vacation rental

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Own a condo since 2001 had to move out and live with my parents.

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TT Error: Passive Operating Loss must be entered

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Repair or Improvement... or Both?

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virtual currency airdrop

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1 Reply 619 Views

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Bought back home we held the mortgage on and sold it the same year Where do we enter it in turbo tax and what should we know

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1 Reply 452 Views

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What do I do if i receive money every month for rent

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1 Reply 933 Views

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What happened to my traditional IRA basis

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Claim loss on international investment property

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1 Reply 956 Views

1 Reply

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Can you get money back for renting a home/house ?

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1 Reply 1134 Views

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stocks

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1 Reply 1354 Views

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Hobby loss rule for multiple types of collectables

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10 Replies 5078 Views

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Peer-to-Peer Lending outside of the US (Europe)

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1 Reply 596 Views

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Taxes when selling rental properties (California)

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Credit agencies

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Sibling Sale of deeded home parents form 6223 it

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ubti

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1 Reply 960 Views

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IRS Notice received - 'your tax return doesn't match the info we have on file'. How to respond.

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1 Reply 1142 Views

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Do you have a TurboTax Online account?

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