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 can I file a separate tax return for my daughter who is 3 years old with a 1099B from her brokerage custodial account with $3,500 in capital gains from stock sales?

I added investments 1099INT, 1099DIV and 1099B but these do not show in federal due in Turbo Tax.Can any body help.

Can I answer how I acquired a stock reported on my 1099B with "Other" if none of the offered choices are correct?

The stock in question was acquired by a "cash merger" according to the broker.

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

187

Oil lease bonus in Texas, 1099misc

I received an oil lease bonus for property that I own. What is the correct source of income to use?There have been no royalties paid so far, I do own the mineral rights.

Expenses Related to Sale of Rental Condo

Good evening Where do we enter the expenses related to selling a rental condo (not attributed to the depreciation calculation and not attributed to the expenses in closing costs (example painting, wall repairs, door damages that are not listed under ... read more

How do I get Turbo tax to classify me as a material participant in a rental property?

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

If I added a new roof to my rental property in 2025, which asset category does that fall under?

The total was under $10k, so I can expense it all this year, but I'm not sure which category it goes in: Construction Equipment and Trailers, Rental real estate property, Tech, or Tools, machines, furniture.

Mortgage Interest

Please help. I want to ensure I enter this info correctly. In the military and relocated from my previous duty station middle of last year. We kept our home from the previous duty location and are renting it out. I input the number of days that we li... read more

Rental Asset

How should redoing kitchen countertops, changing floor from carpet to vinyl etc categorized be under rental asset? Would it be under Depreciations - Assets - Improvement - under the Rental Estate Property category or the - Appliances, carpet, furnish... read more

at risk, partial risk, partially at risk

i accidently pressed a button At Risk, or Partially at risk, and now i can't find it to uncheck it

Are payments that are suspended during probate considered "income" in a Form 1041

The payments of Mom's royalty income ($450) were suspended in 2025 upon her death during probate of the estate. They were paid to me as her only heir in 2026 after the rights were transferred to me. Do the payments suspended during probate need to be... read more