Hi @MariaDG,
Thank you for this informative post. I still have one question: where should the home office deduction (paid through an accountable plan) be reported, and how should it be entered in TurboTax?
The reason I ask is that expenses related to managing a real estate portfolio—such as home office, office supplies, internet, Agusta rule, etc.—seem to appear under the general “Deductions” section rather than within the “Rental Real Estate Expenses” section. When I enter them there, TurboTax treats them as an “ordinary income” loss instead of combining them with the other rental real estate income, which also impacts the K1s being shared to partners.
Do you have any guidance or suggestions on how to handle this?
Thank you,
