Investors & Landlords Tax Forum Q&A

Investors & landlords

Video Guide: Reporting the Sale of Your Rental Property

While selling a rental requires specific reporting, it doesn't have to be stressful. Our TurboTax Community Tax Expert Video Tutorial walks you through the exact steps to enter rental property sales in TurboTax. Here’s a guide to the key tax terminol... read more

All About Rental Real Estate & Vacation Rentals

You’re in great company if you’re thinking about joining the rapidly expanding group of real estate investors. Whether you want the adventure of becoming a full-time landlord or simply looking to make a little extra cash by renting out a room - or yo... read more

This answer has been verified for accuracy by an Intuit expert employee Purchasing a home with a child - primary residence?

We are purchasing a home with our child, for her to live in. We will be on the title, as will she. We own our own home. She will live in the home - we will not. It is not in our state. Neither our state nor hers has state income tax. My understanding... read more

MARRIED FILING SEPERATE IN A COMMUNITY PROPERTY STATE - ACTIVE DUTY MILITARY

I lived separately from my husband during ALL of 2025. I currently reside in Texas which is a Community Property State. I have been living in Texas for the past 3 years, however my home of record is Florida. I own a home in Texas and I also have a Te... read more

Can I claim a capital loss from lost cryptocurrency due to a cryptocurrency investment scam?If so, how would I do this?

Last year I lost about $4500 due to a cryptocurrency investment scam. I'm not sure how to properly record this as a loss on the forms. I should clarify, this was due to a Ponzi-Scheme type of loss (Shizupan/"Pig Butchering" scam).

how to report 2 for1 property like kind exchange in 2 different years

In 10/2025 property A was sold , did a 1031 exchange and filed an extension of my 2025 tax return because I am not sure what to do with this situation. In 2/2026 property B was sold, did a 1031 exchange and both 1031 exchange was completed on 05/01/2... read more

This answer has been verified for accuracy by an Intuit expert employee I don't know cash basis of the stocks

I filed single. I got slagged by the IRS. There is a schedule A-1 attached for a "married couple with deductions" I have no idea where this came from.

I need to talk with a live agent

On the state tax portion (HI nonresident form N-15), but the rental info page has populated my FL home information and I don't see how I can edit? (Own in FL, rent in HI)

Lived in HI less than 3 months in 2025 and here on PCS orders (DoD civilian) and trying to file HI state taxes, but the "Hawaii Rental ID" page populates my FL home info and I don't see where I can edit or even delete. Any help is much appreciated!!

Vacation rental: Schedule E shows zero depreciation for multiple years but Smart Worksheet shows large “prior year non-deductible expenses” carryforward — normal?

I have a mixed-use vacation rental (placed in service in late 2020). I’ve used TurboTax each year.What I’m seeing:Schedule E line 18 (depreciation):2020: depreciation shown (small amount)2021–2024: 0 depreciation each yearTurboTax Smart Worksheet sho... read more

Basis of New Property in 1031 Exchange

I purchased a residential rental property in 1981 for $72,000 and took depreciation. In 2004 I sold the property for $172,000 and purchased another residential for $172,000 within 45 days of the sale of the old property. The basis of the old property... read more

Where do I enter the depreciation amount from my depreciation tables in order to ammend my 2025 return to include the depreciation?

... for a rental property put into service 1/2024.

personal property converted to rental, how to calculate cost basis for depreciation and amortize cost on original purchase and refinance before the conversion?

I bought my primary residence in 2005 (30-year loan), refinanced in 2009 (30-year) and Feb. 2013 (30-year). Two month late in April 2013, I converted it to a rental property. Then in 2021 I refinance again (15-year). I did not claim rental depreciate... read more

If you got a 1099-MISC from TIKTOK, INC. and have $ earned in Royalties, does that mean you are self employed?

This answer has been verified for accuracy by an Intuit expert employee deducting for loss of income and damages due to tenant at home rental

A Connecticut court in 2025 determined our loss of income and damages for a home we rented to a tenant in 2019-20. We received no money and could not evict the tenant due to COVID. The home was not rented while repairs in 2022-24 were made which tota... read more

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Featured Topics

Video Guide: Reporting the Sale of Your Rental Property

All About Rental Real Estate & Vacation Rentals

This answer has been verified for accuracy by an Intuit expert employee Purchasing a home with a child - primary residence?

MARRIED FILING SEPERATE IN A COMMUNITY PROPERTY STATE - ACTIVE DUTY MILITARY

Can I claim a capital loss from lost cryptocurrency due to a cryptocurrency investment scam?If so, how would I do this?

how to report 2 for1 property like kind exchange in 2 different years

This answer has been verified for accuracy by an Intuit expert employee I don't know cash basis of the stocks

I filed single. I got slagged by the IRS. There is a schedule A-1 attached for a "married couple with deductions" I have no idea where this came from.

On the state tax portion (HI nonresident form N-15), but the rental info page has populated my FL home information and I don't see how I can edit? (Own in FL, rent in HI)

Vacation rental: Schedule E shows zero depreciation for multiple years but Smart Worksheet shows large “prior year non-deductible expenses” carryforward — normal?

Basis of New Property in 1031 Exchange

Where do I enter the depreciation amount from my depreciation tables in order to ammend my 2025 return to include the depreciation?

personal property converted to rental, how to calculate cost basis for depreciation and amortize cost on original purchase and refinance before the conversion?

If you got a 1099-MISC from TIKTOK, INC. and have $ earned in Royalties, does that mean you are self employed?

This answer has been verified for accuracy by an Intuit expert employee deducting for loss of income and damages due to tenant at home rental

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Featured Topics

This answer has been verified for accuracy by an Intuit expert employee Purchasing a home with a child - primary residence?

This answer has been verified for accuracy by an Intuit expert employee I don't know cash basis of the stocks

This answer has been verified for accuracy by an Intuit expert employee deducting for loss of income and damages due to tenant at home rental

Unlock tailored help options in your account.

Get more help

Ready to start your taxes?