tol3rd
New Member

Adding in Rental Property Deduction Expenses

Hi. 

I own an apartment (a co-op) that I rent out. 

When i complete my taxes through turbo tax (but omit the deduction expenses), i owe aprox $800.

When complete my taxes through turbo tax but INCLUDE the deduction expenses, the amt I owe goes up to aprox $1800. 

That doesn't make sense to me. Am I doing something wrong?

Thanks for any help you can give me.

Tom