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

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

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.

This answer has been verified for accuracy by an Intuit expert employee When able to Write off Appliances

Hi, I have been renting out my house for a couple years now, and am looking to move back in beginning of 2026. The tenants destroyed all the existing appliances washer, dryer, refrigerator, microwave, oven, etc. I purchased them all (Thank you Black ... read more

How can I change or remove my section 465(d) carryover?

We are retired living in our primary residence and paying a mortgage. We take the standard deduction. How would rent to cover the mortgage affect our tax’s?

What could we deduct from our RV as we would be paying for it as well and treating it as a second home?

Sold rental bought with 1031 exchange then used 1031 to buy another rental

Looks like TT wants me to pay tax on profit from the sale but I used all the money plus a few hundred of mine to buy another using 1031. Not sure TT is set up to deal with a continued 1031 chain. Any advice on how to deal with this?

Has this feature be added, depreciation on rental property calculator

How do I report gain/loss on inherited partnerships I sold?

I inherited a small interest in 6 publicly-traded partnerships in 2025. I immediately sold them once they were transferred to my brokerage account. The broker included those sales on the 1099-B they provided although the form indicated the basis was ... read more

I've downloaded all of my tax documents, but have only seen form 4562 depreciation schedule in the year it was placed in service in 2022. Where can i find it in sub years

I found a previous question that was similar, but there are no options to save/print everything, and all of these files are missing the form 4562.

Section 1031 Exchange - How to Handle in TurboTax in the Subsequent Year

I entered into a Section 1031 exchange in 2024 where I sold an investment property and deferred the gain by purchasing a new investment property through a Section 1031 exchange. I reported the Section 1031 exchange in my 2024 tax return. How do I han... read more

Why are my S-corp K-1's passive credits from 2020, 2021 and 2023 that were unallowed in 2025 not carried forward to 2026?

Hello, I am a shareholder in a subchapter S corporation. The S corp's 2025 K-1 (1120S) distributed some passive credits in 2020 - 2022. TT Deluxe (Windows desktop) did not bring these passive credits forward from last year's return, so I entered them... read more

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Video Guide: Reporting the Sale of Your Rental Property

All About Rental Real Estate & Vacation Rentals

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

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

This answer has been verified for accuracy by an Intuit expert employee When able to Write off Appliances

How can I change or remove my section 465(d) carryover?

We are retired living in our primary residence and paying a mortgage. We take the standard deduction. How would rent to cover the mortgage affect our tax’s?

Sold rental bought with 1031 exchange then used 1031 to buy another rental

Has this feature be added, depreciation on rental property calculator

How do I report gain/loss on inherited partnerships I sold?

I've downloaded all of my tax documents, but have only seen form 4562 depreciation schedule in the year it was placed in service in 2022. Where can i find it in sub years

Section 1031 Exchange - How to Handle in TurboTax in the Subsequent Year

Why are my S-corp K-1's passive credits from 2020, 2021 and 2023 that were unallowed in 2025 not carried forward to 2026?

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Featured Topics

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

This answer has been verified for accuracy by an Intuit expert employee When able to Write off Appliances

Unlock tailored help options in your account.

Get more help

Ready to start your taxes?