DianeW777
Expert Alumni

Investors & landlords

Yes, you could enter the rental activity on your return this year since you and your husband are on the deed. Enter only the expenses you paid and the income you received. The mortgage company pays the taxes and insurance for you, but you pay the escrow funds so be sure to include those expenses. Don't take any excess escrow sitting in the account for the coming year expenses.

 

This link will provide guidance for your rental part of your tax return: Where do I enter income and expenses from a rental property?

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