You add the house as an Asset then depreciate the cost of the rental over 27.5 years.
Rentals are on Schedule E. In the search box at the top of your return you can type in rentals and it will give you a Jump to box to go directly to Schedule E.
See, https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-income-and-expenses-from-...
Here's some tax guides and videos on Rentals
https://turbotax.intuit.com/tax-tips/rental-property/
What kind of Rental expenses can I deduct?
https://ttlc.intuit.com/community/credits-and-deductions/help/what-kinds-of-rental-property-expenses...
What is Depreciation?
https://ttlc.intuit.com/community/rental/help/what-is-rental-depreciation-and-how-does-it-differ-fro...
IRS publication 527 on Rental Property….
http://www.irs.gov/pub/irs-pdf/p527.pdf
