Investors & Landlords Tax Forum Q&A

Investors & landlords

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

what is intangible code for a complete renovation of a rental house ($86K)

What is intangible code for renovations to rental property?

How to add the expense of a new roof on a rental property in the same year it was sold to increase the adjusted cost basis.

I sold an apartment building in 2025. In that year I also paid for a new roof and for new asphalt driveway and parking. I have entered these as assets in Turbotax Premier but they do not show up as increasing the cost basis of the property. How do I ... read more

Spin Off - CIL for fractional shares

Under Sales Info (Boxes 1a-1e) for 1099-B, before putting in what box 1a contains, it's asking 'how did you receive this investment?' - Purchase, gift, inherited, divorce, short sale or demutualization life insurance. Is short sale correct?

How do I enter my Rental Property Cost Segregation study in turbo tax for accelerated bonus depreciation?

Where to enter Bonus depreciation in turbo tax?

Wells Fargo Advisor cannot be found

Hi, Question for TT 2025: I cannot find Wells Fargo Advisor on the list for import. Tried to use Wells Fargo but import failed. There are only Wells Fargo and Wells Fargo Clearing Services on the list. Any suggestions? Thanks!

1099-B page, I need to adjust my total cost basis, but there is no selection G (wash sale loss disallowed). Help docs say G is an option, but I don't see it. Help?

The G option just isn't there. How do I enter this?

TurboTax Desktop for MAC 2025 Rental property depreciation

Is software update for this available as of 2/28/2026? If so, how do I update the software? Will I lose everything I have entered when the software updates?

Schedule E: Why did TT carry over a rental loss to 2025 when it was deducted last year?

Personal residence was converted to rental use in late 2024, with active (but not material) participation. On the 2024 return, I entered the # of rental days and TT correctly prorated the deductible expenses, etc. to come up with a net rental loss of... read more

My 1099B doesn't provide the cost basis. I called the payer and they confirmed the date and cost when it was received, but they didn't send a form. The amount is blank.

I inherited the stock in 2003 and they confirmed the date and cost, but refused to send the info on the 1099 so I entered on the tax form

Turbo Tax for Home & Business ( Mac) Regarding Utility Expenses Screen

Is this a programing error, or am I the only one with a Rental that has this issue? There are two choices for this screen "I know my total utility expenses" - Only allows me to put in the sum total for all my Rental Utilities ( not the perfered, I li... read more

How do you enter the depreciation for one rental property in Turbo Tax online?

tax exempt dividend 1099-div box 12 - using turbotax 2025

Turbo tax 2025, is charging federal tax on tax exempt dividends - WHY ?

Form 8960, Line 9b - Worksheet

The IRS instructions on this have changed for 2025, and now EXPLICITLY say to include property taxes and personal property taxes:"Include state, local, and foreign income taxes you paid for the tax year that are attributable to NII. Include also stat... read more

Passive Activity Loss Carryforward - Sold Property

I prepared my 2024 return on TT H&B. There was a vacation rental that was taken off the rental market at year end 2024 in anticipation of a sale in early 2025.The property didn't pre-populate when the 2024 data was moved over to 2025. It may have mov... read more