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I rent out a room in my primary residence, and I believe that means I cannot have a net loss but TurboTax is calculating a Net Loss for rental income? How do I fix this?
I have revenue of 4,550 and expenses of 5,488.41. But since this is a primary residence I don't believe I can record a net loss. What do I need to update on TurboTax so that is does not deduct this loss from my total income?
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‎February 19, 2022
4:59 PM