You may deduct all the items you mentioned without having any rental income on Schedule E. However, you must have documentation to show that the unit was available to rent and what actions you took in an effort to rent the unit. You may get audited, if you are you must be able to show it was your intent to rent the unit or your deductions will not be allowed. You will not be penalized for using Schedule E.
Sign in to your TurboTax account and follow these steps to enter your rental information on Schedule E;
- Select the Wages & Income tab
- Scroll down to the Rentals, Royalties, and Farm Select Show
- Select Start on the line for Rental properties and Royalties (Sch E)
- On the page Did you have any income from rentals or royalties? Check Yes.
- Select the Box for Rental property on the page What are you here to report?
- Follow the screen prompts to enter your rental information
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