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

Form 3115 (Automatic Depreciation Change) – Can I Re-Enter in TurboTax Desktop and E-File?

I’m filing my 2025 return and need to attach Form 3115 for an automatic change in accounting method (late depreciation on a residential rental property). Details of my situation:I did not claim depreciation in 2023 and 2024.My CPA prepared Form 3115 ... read more

Form 3115 Change in Accounting method

Hello, thanks for your help in advance. I need to change the accounting method for 4 properties acquired in 2019 in order to be able to deduct the separate items in a cost segregation study that I had done for those 4 properties. My question is: Will... read more

Does a capital loss carry over on my schedule k-1 trust reduce my other capital gains on schedule d? How do I verify turbotax has applied the loss?

I successfully entered the trust loss on schedule K-1 in turbotax. I haven't been prompted by turbotax for loss information input for Schedule D. I believe turbotax will only do loss processing if last years schedule D had a loss.

Sold My Rental Property in 2025, but I am lost what to Enter Asset Sales Price, Asset Sales Expenses, Land Sales Price, Land Sales Expenses.

Hi. I am lost on this section. I sold an investment property for less than what I bought it for. I have no idea what to enter in these sections. Any help would be greatly appreciated. I left these sections blank because I am lost: Asset Sales Price, ... 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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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

record 1099-S on Rental Property

For those landlord has any sale of your rental property in the 2025, I’m trying to figure out how to properly record 1099s for a rental property in TurboTax. I’ve already spent several hours going through the rental section, but I’m still not sure I’... read more

TurboTax is not calculating the 2025 long term capital gain brackets.

TurboTax is not calculating the 2025 long term capital gain brackets.Capital gains tax ratesNet capital gains are taxed at different rates depending on overall taxable income, although some or all net capital gain may be taxed at 0%. For taxable year... read more

How to instruct TurboTax Deluxe 2022 to designate k-1 partnership as 1411(c)(2)(b) for NIIT

I need to specify that I get a k-1 from a company that is involved in trading in financial instruments or commodities per 1411(c)(2)(b). The effect should be that when calculating NIIT on Form 8960 4b to not offset 4a. Form 8960 Line 4b is for: "Net ... read more

I converted my rental house to personal use in 2024 and never used it for rental in 2025, This house still shows up in the rental section in 2025 with a Schedule E

I converted my rental house to personal use in 2024, with the date of disposition specified. It still shows up in the rental section in 2025 with a SCH E, and I cannot delete it. Is this expected?Since it was never used for rental in 2025, on its 202... read more

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.

can I file for HVAC tax credits for a not for profit rental?

I own a home where a friend pays minimal rent ( way below market value). I report that income as a not for profit rental. I installed a new HVAC system in the home 2025. The unit meets the requirements for the energy efficient home improvement tax cr... read more

Bug in misc 1099 rental property section which they refuse to acknowledge. I have a misc 1099 for rent (deleted & re-entered many times) still asks for royalties instead?

1099 box 1 has rents which I entered. Box 2 Royalties is blank and I left it blank. It takes the rents but then wants me to enter royalties as well. It won’t let me enter zero. I have deleted and rent entered multiple times