Hello,
Last year, my rental property had water damage and I had to pay a lot of money out of pocket after insurance payments. I have the following questions while using TurboTax:
1.) Under rental expenses, I could not find a relevant field, so I am including my out of pocket expenses under "Any Miscellaneous Expenses?" with explanation. Is this the right place?
2.) I am wondering if I can include home insurance deductible in this section that I had to pay to the insurance. Please clarify.
Thanks!
