DallasM
New Member

Investors & landlords

You would list the lease info on schedule E in the Rents and Royalties section. You will list the lease as a 'rental' if the amount is in Box 1 rents. Then proceed to enter info about the lease. It will seem odd at first because it will seem like it is talking about a house, but answer with the asset in mind and select 'other' or 'none of the above' where applicable.

Eventually, you will land on a summary page, where you can enter the 1099-MISC and the attorney expenses. See attachment below.

 
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