I have reported $6800 income on a rental property and have entered $5000 in rental expenses, mainly repairs and utilities.. Turbo Tax lets me enter it all, but at the end shows me with $4000 in net income, rather than $1800.. (I've rounded the numbers for simplicity sake.) TT gives me no error message, but nothing I do results in my getting the full benefit of my expenses. On a separate rental property, the numbers are as expected. Any ideas?
