craiggangi
Returning Member

Investors & landlords

What is the best way to "wipe out" the rental income for rentals under 14 days? Isn't it important for the tax return to "acknowledge" the 1099 you get? I dont see a simple way in TurboTax to do this.


Also, does anyone know is the 14 day rule applies to NJ state income taxes?

Thanks!