Carl
Level 15

Investors & landlords

How do I get a drop down menu for a number of expenses

No such thing. Being a landlord is basically a business. While that business income and associated expenses is reported on SCH E as a phyiscal part of your personal 1040 tax return, it is still treated as "a physically separate business".

Rental income is passive, while W-2 income is "earned". For W-2 income you have to go out and actually "do something" on a recurring basis to actually earn it. But with rental income you don't "do" anything on a recurring basis. All you do is "sit there" and collect the rent every week, or every month, or every whatever payment period you have set up for the tenant to pay you the rent.  Rental income is a form of "UN"earned income called passive income. Rental expenses are also considered to be passive.

Therefore, your rental expenses can *ONLY* be deducted from you rental income. Period. End of story. Under no circumstances an with no exceptions will you *EVER* claim rental expenses on *ANYTHING* other than the SCH E where the rental income is reported. Again, there are no exceptions.