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Investors & landlords
@Ktbird wrote:Which schedule? Turbo tax AI is giving conflicting advice....
That's because this is tricky and mostly a grey area.
If you are providing (or someone else is providing on your behalf) significant services to your renters (who are renting on a short-term basis), then your rental is considered to be a trade or business, like a hotel, and you would report on Schedule C.
See https://www.irs.gov/instructions/i1040se#en_US_2025_publink1000152097
Generally, rental real estate activity is reported on Schedule E even if it is also a trade or business activity; however, if you provided significant services to the renter, such as maid service, report the rental activity on Schedule C, not on Schedule E. Significant services do not include the furnishing of heat and light, cleaning of public areas, trash collection, or similar services.