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Investors & landlords
In general, the taxes are all calculated the same way, but there is a designated property type reported on the Schedule E included with your return.
The only one that has a difference in the actual tax calculation is the vacation rental where there could be some personal use of the property. If that is the case, then certain expenses are prorated between personal use and rental use.
The other different choices help TurboTax ask you the right questions so that you are entering the correct information for your situation.
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March 27, 2025
6:37 AM
1,482 Views