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

Unable to import data from Schwab or Vanguard into 2025 pc desktop

I have Premier desktop installed on a PC. I go through the import process for both Schwab and Vanguard, and it seems to run properly (including the message: "Success! We got your tax data.") . However, I cannot then "continue" to a new screen. If I h... read more

My depreciation on rental property is deducted from my rental income

In previous years my annual depreciation on rental income was a deduction. This is not happening with my current turbo tenant

Why is vehicle expense information not transferring?

2025 TurboTax Premier is not transferring vehicle information and depreciation from the previous year. I started putting the information in manually but soon was asked questions I wasn't sure of like total depreciation. I have copies of my returns fr... read more

Short-Term Rental (Avg Stay < 7 Days) Showing as Passive in TurboTax Online – How to Mark Non-Passive?

My STR averages 2.1 nights per booking (10 stays, 21 nights total). I materially participated. TurboTax Online is treating it as passive and suspending the loss. I was never asked about average stay length. How do I properly classify this as non-pass... read more

What is a "distribution" in IRS Form 1041?

Mom died in 2025. Land was transferred to me worth $6,000 as her only heir. Is this a "distribution"? How do I report a land transfer in TurboTax Business Desktop? TurboTax asks "Did the estate make any distribution"? The screen defines "distribution... read more

How do I import 2024 rental property information and depreciation for 2025 return?

Its not showing in 2025 return?

Can I deduct rent paid while working in another state if my primary address is in another

Do travel work. Primary residence in one state, work in another

What does Capital Gain or Loss from Assets Acquired After December 31, 2011 Enter the portion of gain or loss from assets acquired after December 31, 2011 mean?

It says I have a net long term capital gain of $472. What is this?

Why am I not seeing the rental property depreciation option?

How do I enter Employee Stock Purchase Plan losses when a company dissovles?

I never received any forms except from ComputerShare with the ending statement period.

I have my 1099B for ESPP sales. Form 8949. The company did not make available form 3922. How do I adjust cost basis manually & correctly?

Rental property depreciation is not showing on TurboTax for 2025.

Residential Rental Property Improvement and Sale in the Same Year

Hi, I made material improvements to my residential rental property (spent $120K renovating it) and then I sold it for a gain in 2022. However, in my 2022 TT Home & Business, there is no option for me to enter the improvements made to the same rental ... read more