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Investors & landlords
If you don't own (rent) a property and you've received rental income - tell TurboTax you do own it and that you're an active participant. Just leave depreciation and mortgage expense blank (you don't own it and won't depreciate the property).
You can list your rent as an expense, but only for months the unit was available for rent (pro-rated if you still lived in any part of it).
May 31, 2019
11:37 PM