Investors & Landlords Tax Forum Q&A

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

5 Replies 3466 Views

5 Replies

3466 Views

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

by on Latest post on by

2 Replies 1202 Views

2 Replies

1202 Views

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

by on Latest post on by

1 Reply 699 Views

1 Reply

699 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 397 Views

1 Reply

397 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 528 Views

1 Reply

528 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 1262 Views

6 Replies

1262 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 3709 Views

1 Reply

3709 Views

If I have passive income losses from a rental property in 2016 and then more losses in the 2017 before selling, do those losses offset gains on the 2017 house sale?

by on Latest post on by

2 Replies 835 Views

2 Replies

835 Views

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

by on Latest post on by

1 Reply 1158 Views

1 Reply

1158 Views

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

by on Latest post on by

1 Reply 386 Views

1 Reply

386 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 545 Views

1 Reply

545 Views

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

by on Latest post on by

1 Reply 751 Views

1 Reply

751 Views

We inherited rental property and sold last month. Can we pay capital gains tax now or should we wait until we file in January?

by on Latest post on by

11 Replies 1982 Views

11 Replies

1982 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 427 Views

3 Replies

427 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 412 Views

2 Replies

412 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 339 Views

1 Reply

339 Views

Do I enter depreciations under miscellaneous expenses

by on Latest post on by

8 Replies 1204 Views

8 Replies

1204 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 796 Views

1 Reply

796 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 364 Views

1 Reply

364 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 3162 Views

3 Replies

3162 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 771 Views

3 Replies

771 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 456 Views

1 Reply

456 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 921 Views

1 Reply

921 Views

Why sign in to the Community?

Topics with Label: TurboTax Basic Online