Carl
Level 15

Investors & landlords

Wait a minute.... folks may be jumping the gun here.

I have 29 rental homes that are held under a business

What kind of business? This can matter BIG TIME!. I see you're using TurboTax Self-Employed. So it matters what kind of business owns the rentals. A single member LLC? A multi-member LLC? An S-Corp? A C-Corp? Partnership? Something else?

If the business is not a sole proprietorship or single member LLC, then you will *NOT* report your rental income/expenses on SCH E as a part of your personal 1040 tax return *AT* *ALL*. So please post back and let me know.