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
Selected the rental property. Selected "edit". Select "no" property
wasn't rented in 2025. Check mark, "I did not rent, nor attempt to rent.
this property at all in 2025." It then said, "Since the property was not
a rental at all in 2025, you should ...read more
Birdie924Posted 5 hours ago
| Latest post 4 hours ago by
KrisD15
Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50% should be
blank. This asset is not qualified property for the special depreciation
allowance. All these assets are carried forward from my 2024 tax return
and are 2021, 2022, and 2023 asse...read more
Hello, I use Schedule E for my rentals, plus have K-1s from a
partnership that I report. I qualify for Real Estate Professional, no W2
job, etc. I have carryover of unallowed expenses from previous years for
my home office when a CPA was doing my tax...read more
Turbo tax is not filling in the depreciation for my rental property
income. They said that section is being updated based on new tax laws
and should be ready by February or earlier. It is already February 5th.
when will the update be complete?
Imported 1099's yesterday and there are no stock transactions for either
my Fidelity or Vanguard account. I can see them on the 1099 that each
account has published. Just talked to tech support and they said if the
import didn't pull them in, the onl...read more