Hi Carl, I am not sure if your answer is completely accurate and I am wondering if there is either a bug in TurboTax and/or there is a peculiarity about the Tax law. I have entered all my information in TurboTax 2019 (downloaded version) and entered and can still manipulate my rental expenses and see that my tax due does up as my rental properly expenses increase. This seems counter to what should happen. I am actually losing money on my rental property and my income is too high (over 150K or so) to claim the rental loss as a deduction. But, why should entering an expense increase the taxes I owe (or reduce the deduction). The only thing I can guess is that it has to do with QBI. I am wondering if the QBI benefit is on the net rental income and if expenses are added, the net rental income decreases and hence reduces your QBI deduction. PRbill did you set-up your rental property for QBI in TurboTax? How can we get TurboTax team to review this?
