Investors & Landlords Tax Forum Q&A

Reporting Foreign Stock Sales with No 1099-B

by on Latest post on by

1 Reply 1784 Views

1 Reply

1784 Views

I sold a rental property in New Hampshire, do I owe any tax? buisness profit or Business Enterprise Tax???

by on Latest post on by

7 Replies 9134 Views

7 Replies

9134 Views

How do I Adjust Tax Exempt Dividends for Vanguard Muni-Bonds for State Tax?

by on Latest post on by

2 Replies 3841 Views

2 Replies

3841 Views

What are the tax implications of selling a rental property that I fully depreciated?

by on Latest post on by

1 Reply 1731 Views

1 Reply

1731 Views

I own two houses both bought prior to 2017. In February I moved from one to the other. I received one month rent on one and 11 on the other. How do I account for this?

by on Latest post on by

1 Reply 1253 Views

1 Reply

1253 Views

I would like to by motor homes (class c rv) and live in their full time renting a camp ground so can I claim the camp ground renting for my deductible yearly tax . ?

by on Latest post on by

1 Reply 1377 Views

1 Reply

1377 Views

My startup company got acquired last week. I’ll get ~ 300K (2017 taxable event). What are things I can / should do to limit my tax hit? (Gifts, other?)

by on Latest post on by

6 Replies 2738 Views

6 Replies

2738 Views

What is the best way to find the land value of a rental property i just sold (both when I bought and when I sold). Appraisal? Town records?

by on Latest post on by

1 Reply 5777 Views

1 Reply

5777 Views

We own a second home and rent it out for part of the year

by on Latest post on by

1 Reply 2616 Views

1 Reply

2616 Views

Does FMV after lost = FMV before lost minus the cost of repair/replacement?

by on Latest post on by

1 Reply 1356 Views

1 Reply

1356 Views

I am a sole proprietor - I have a car for personal use but want to rent a car for my business for the next several months. Leasing one after that. What is deductible?

by on Latest post on by

1 Reply 2136 Views

1 Reply

2136 Views

Buying furniture for rental property and travel to buy property? Write off?

by on Latest post on by

1 Reply 1660 Views

1 Reply

1660 Views

Can my wife and I use this platform (turbotax live) to file itemized, with rental properties, and an LLC as well?

by on Latest post on by

3 Replies 1447 Views

3 Replies

1447 Views

I'm currently paying rent and would like to know if I can claim the utilities I pay as well and where would I put them?

by on Latest post on by

2 Replies 1696 Views

2 Replies

1696 Views

I paid cash for a rental house and then borrowed against it to buy a second house. Then I did the same with the third house. Which house do I deduct the mortgages from?

by on Latest post on by

1 Reply 1062 Views

1 Reply

1062 Views

I rent out 2 rooms in my own house where i live so what type of rental is this ? that i should file?single family or mulit family ?

by on Latest post on by

1 Reply 2322 Views

1 Reply

2322 Views

Where do i find all the calculations for 2017 tax return . I need to see the depreciation calculation for my rental property .

by on Latest post on by

1 Reply 1153 Views

1 Reply

1153 Views

How do I find out what the fair market value is for my rental property? Is that what it is worth, or what the average rent is?

by on Latest post on by

3 Replies 5530 Views

3 Replies

5530 Views

After TurboTax pulled all data including rental data from 2016 return I had started working on my 2017 return. I accidentally deleted rental data from the 2017 return.

by on Latest post on by

3 Replies 1977 Views

3 Replies

1977 Views

I selected that my Rental Property was eligible for the QBI Deduction. Now I realise that was incorrect - but I can't figure out to turn QBI off.

by on Latest post on by

1 Reply 1338 Views

1 Reply

1338 Views

I used my personal car on trips to do maintenance on a rental property, which I just sold. Do I need to repay some of the prior deductions I took for the car?

by on Latest post on by

1 Reply 1880 Views

1 Reply

1880 Views

Expert does your taxes

Do it yourself

Resources

Support

Topics with Label: TurboTax Basic Online

Reporting Foreign Stock Sales with No 1099-B

I sold a rental property in New Hampshire, do I owe any tax? buisness profit or Business Enterprise Tax???

How do I Adjust Tax Exempt Dividends for Vanguard Muni-Bonds for State Tax?

What are the tax implications of selling a rental property that I fully depreciated?

I own two houses both bought prior to 2017. In February I moved from one to the other. I received one month rent on one and 11 on the other. How do I account for this?

I would like to by motor homes (class c rv) and live in their full time renting a camp ground so can I claim the camp ground renting for my deductible yearly tax . ?

My startup company got acquired last week. I’ll get ~ 300K (2017 taxable event). What are things I can / should do to limit my tax hit? (Gifts, other?)

What is the best way to find the land value of a rental property i just sold (both when I bought and when I sold). Appraisal? Town records?

We own a second home and rent it out for part of the year

Does FMV after lost = FMV before lost minus the cost of repair/replacement?

I am a sole proprietor - I have a car for personal use but want to rent a car for my business for the next several months. Leasing one after that. What is deductible?

Buying furniture for rental property and travel to buy property? Write off?

Can my wife and I use this platform (turbotax live) to file itemized, with rental properties, and an LLC as well?

I'm currently paying rent and would like to know if I can claim the utilities I pay as well and where would I put them?

I paid cash for a rental house and then borrowed against it to buy a second house. Then I did the same with the third house. Which house do I deduct the mortgages from?

I rent out 2 rooms in my own house where i live so what type of rental is this ? that i should file?single family or mulit family ?

Where do i find all the calculations for 2017 tax return . I need to see the depreciation calculation for my rental property .

How do I find out what the fair market value is for my rental property? Is that what it is worth, or what the average rent is?

After TurboTax pulled all data including rental data from 2016 return I had started working on my 2017 return. I accidentally deleted rental data from the 2017 return.

I selected that my Rental Property was eligible for the QBI Deduction. Now I realise that was incorrect - but I can't figure out to turn QBI off.

I used my personal car on trips to do maintenance on a rental property, which I just sold. Do I need to repay some of the prior deductions I took for the car?

Do you have a TurboTax Online account?

Topics with Label: TurboTax Basic Online