- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
So you even enter the income reported on the1099-K in Turbo tax or just enter your actual rent income as you normally did and just ignore the 1099 entry all together, because it will include those non income refundable deposits. I even make Cleaning Deposits "Refundable" which has been very successful (renters are more careful during their stay to reduce their work in the end) and saves me a lot of time getting things ready for the next renter.
‎November 28, 2022
10:42 AM