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

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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Rental Property Expenses

I bought a rental property in April 01, 2025, and was ready for rent on April 30, 2025. It was rented on May 16, 2025. It was bought strictly for rental, and never used for personal or vacation use.My question is, what fees from closing statement fro... read more

I have been using a tax preparer but he only wants to do my taxes online even though U have been going to his office for 18 years and he charges me a lot. Now, I will try Turbo tax. Question: I have a 2 member LLC, as per prepare recommendation.

My part is 99.95% and my son is .05% I want to take him out to simplify my taxes. What do I take?? Do I need to pay my son something. The rental units were under my name before the LLC was formed.

where can I find the breakdown of short term and long term capital gains?

When I imported my Fidelity year end stock statement, the capital gains are not broken out into long term and short term gains

so I have asked the "expert" and got no help I clicked that I sold the rental. it goes through everything under rentals and royalties and NEVER asks for sale price.

how do you post sale price of rental?

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

Replaced a HVAC in a rental property that makes a loss. Should i use depreciation or Section 179? What if i plan to sell the property soon?

sale of rental property converted from primary residence

I have turned my primary residence to a rental property and sold it in 2024. Here is the history.1. Bought the property in 2010 for $680k2. Rented it out in 2015. The FMV at the time was $980k, higher than purchasing price. Depreciation for tax repor... read more

Rental Property Depreciation Schedule E

TurboTax does not show my 2025 rental property depreciation in the Schedule E. Is this a software glitch? --Yes, everything has been entered correctly.

I need my 2025 return reset because the rental property structure is corrupted and I can’t fix it.

I already paid so I'm locked out of Clear and Start Over.

Form 8949

I have on my Form 1099-B from my broker an entry for an "Unknown Transaction for Which Basis is not Reported to the IRS. " It shows the Date Acquired as Unknown and the Cost or Other Basis as Unknown. My question is how do I enter this into TurboTax.

How is the amount on Form 8960, section 9b computed?

I get some inconsistent results in different tax software. SALT is capped to 10-40k, but looks like the amount used there is higher. Is that expected?

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

Passive Activity Loss Carryforward - Sold Property

I prepared my 2024 return on TT H&B. There was a vacation rental that was taken off the rental market at year end 2024 in anticipation of a sale in early 2025.The property didn't pre-populate when the 2024 data was moved over to 2025. It may have mov... read more