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Get your taxes done using TurboTax
Rental income and expenses are reported on Schedule E so that is something new you'll need. Please see the TurboTax article: Real Estate Tax and Rental Property. It will give you a list of rental expenses that you can deduct on your income tax return.
When you get ready to enter your rental, please see Where do I enter income and expenses from a rental property?
One carryover item you'll most likely have is depreciation expense. Rental property is depreciated over 27.5 years. TurboTax carries over the appropriate amount from year to year and keeps track of your depreciation expense.
Additional information:
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‎January 26, 2022
9:27 AM