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

How to record airbnb arbitrage losses from STR rented less than 7 days on average when I RENT but don't OWN the property

I rent a property and airbnb it. Average length of stay for the year is less than 7 days so it qualifies as active participation and losses should offset W2 income. I don't see a way to enter this in turbotax so the losses can offset W2 income. Pleas... read more

On the 1099-B form, what do I put for the Box 1a Description for stock options? "Options" or "Stock(nonemployee)"?

how do I enter the information on my 1099-B form?

Form 8960 Line 9b Calculation does not add foreign income tax

Hi,Turbotax Form 8960 Line 9b Calculation does not add foreign income tax Turbotax does not allow me to enter Foreign Income on Line 9b(8) of 89Tax on Form 8960 WorksheetTurbotax is not allowing me to add Foreign Income Tax on Line 9b(8) Form 8960 wo... read more

I've been waiting to input info about the sale of rental property. I still get a message saying, "Depreciation and Amortization will be ready by Feb., but likely sooner."

I know they're "updating this section for latest tax laws," but now it's February. Any idea when it will be ready?

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

Entering Royalties into TT Premier Desk Top

Entering Royalties into TT Premier Desk Top (directly on Royalty 1099-MISC entry page. Enter my name, Enter Payer's Name, EIN, Box 2 amount. no check in box for other info 1-18 or FATCA. Historically that completed the entry for a 1099-MISC Royalty. ... read more

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

Federal and CA Taxation on RSU vested due to IPO after leaving US

Hello community, I worked for a startup in US for 2 years from beg of 2021 to end of 2022. I was awarded some rsu from the company and those got time vested while i was employed there, since company was private no tax was withheld in this timeframe. ... read more

How do I change the ownership of a 1099B account (stock sales) to be joint. Myself and spouse?

How do I go to the screen that allows me to change ownership to joint?

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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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