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

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

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.

Where and how do I enter the sale of an investment grade diamond?

Can we file a sale of a rental property for 2025 tax return yet?

I made a small royalty ($26.23) in 2025 but I do not have the 1099 form. How do I enter it?

If I lived with my parents from Jan. to May then lived on my own and paid rent for the rest of the year and dont support me except pay for my car, can they claim me?

For 7 out of the 12 months within the 2025 year, I've lived on my own and since the moment I moved out my parents have not "support" me, meaning pay my rent or groceries or literally anything else besides paying for my car and tuition. I am also a fu... read more

can Turbo Tax handle ending rental on a 1031 Exchange?

Stop rending property bought through 1031 exchange?

1031 Exchange and Schedule E rental property question - Premier 2025

I completed a 1031 exchange in 2025, relinquishing a rental property that has been reported on my schedule E since purchase. I've figured out how to fill out Form 8824 and calculated the cost basis of the replacement property. My question is how to h... read more

No option to import crypto CSV file in TurboTax Premier Desktop version

I have seen several threads discussing issues with importing CSV files for crypto transactions in TurboTax Premier ONLINE version. Currently there is NO option to import CSV files in the DESKTOP version. Supposedly there should be an option under the... read more

The only category available to describe rental property asset is Amortizable Intagibles. My asset is new flooring. Why are there no other options?

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

Schedule E rental income not propagating as rental income to Schedule K-1

Schedule E, Line 26, shows rental income, which is correct.Schedule K-1 and K-1 worksheet, line 5, show the income as non-passive, which is not correct. What question was answered incorrectly to generate the incorrect K-1?

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

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.