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

Import not pulling in any stock transactions-Fidelity or Vanguard

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

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1099-misc

I received a very small passive income payment, <$50, from a book I wrote years ago and it was reported on a 1099-misc as a Royalty (Box2). I have not done any writing in about 5 years. I am having a very hard time getting this passive income entered... read more

When will Form 4562 for rental real estate depreciation be available?

Mid February is a bit late!

1099-S Entry on sale of inherited home split between my sister and I

Hello,My mother passed in Nov of 2024 and my sister and I inherited her home at 50% each. The fair market value of the home was 550k when she passed. My sister and I sold her home for 550K in August, 2025 and we each got a 1099-s for 275k. We also ha... read more

Home Office Depreciation & Carry Over -Schedule E / Partner K-1

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

This year TurboTax 2025 does not import my financial inst data like it always did, smoothly. the program is worthless this year

what is the problem with the import function in 2025 edition. this is unbelievable.

Hands off AI forex trading by a company.

I opened an account with a company that trades Forex with AI for me.I registered it under my (single member) LLC and it had a startup fee.1) Is the startup/consulting fee that was asked to work with that company a deduction and where do i enter it?2)... read more

Future 2025 Sale of 100% Rental Property

My tenant has vacated the property as of Jan 8, 2025 (no rent charged for January 2025). The property will be listed for sale next week and no longer available for rental. Purchased in 2013 and depreciated per TT Schedule E. As of Tax Year 2023, the ... read more

Schwab not downloading

Hello Admittedly today is the first day of downloading forms. I have recently had throat surgery and it's difficult to get support.Schwab is not downloading, and after a difficult conversation (not Schwab's fault) they told me that it's a Turbotax is... read more

sale of rental property

Depreciation still isn't working as of Feb 13, 2026. Maybe TurboTax shouldn't release their software or take people's money until they have a product that works.

Form 4562 Special Depreciation Allowance Error

Getting this error on all my assets: Form 4562 Depreciation Options - 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 car... read more

Keep getting "Depreciation and Amortization will be ready by February, but likely sooner" when attempting to complete rental property assets. When will it be ready?

Form 4562 Depreciation Options - 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 retur

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