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 to report sale of rental house with stepped up basis and remove prior deprieciaion after death of spouse

I purchased a bond on various dates and sold it on 6/3/25. According to my Edward Jones it is a long term sale but it will not register correctly.

Can I change it from Box A to Box D?

Capital Asset Sales Worksheet

Timber Sales

Inherited property our family has held for 60+ years. Timber sales occurs on 4 different sections on a rotating cycle about every 5-10 years based on tree maturity. We received income from the sale of timber in 2025. I am the nominee and my sister re... read more

Depreciation from Federal return not showing up on Arizona return

This is my 3rd year using Turbotax. I have been taking depreciation on my federal returns for a rental property in another state from the one I live in. I have added two other long-term depreciable assets (a furnace in a previous year and a water lin... read more

How do I confirm a 1099B stock sales are correct

Turbo Tax software keeps telling me to review

Turbotax asking for Schedule E Passive Operating Loss on rental property

We have a rental property and when running a final check on federal, Turbotax says: "Schedule E worksheet: Passive Operating Loss must be entered." And shows a blank box for me to enter a number. I have zero clue what to put here -- I'm assuming this... read more

Mileage deduction for rental property and trading in the car for a new car

I have been deducting the mileage for use of my car to drive to rental properties (about 4% of annual rental use). I have not been deducting any other auto expenses as it is a small percentage of use. In late December last year I traded in the car fo... 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

have more than 4000 sales. remove some of the sales. Need step by step please to fix in APP.

Schedule D: Line 16 does not include capital asset sales because you have exceeded the maximum number of sales supported for individual reporting. Since you have more than 4000 sales, you will need to remove some of the sales with additional requirem... read more

ISHARES BITCOIN ETF and Form 1099-B on state (PA)

I sold off all my shares through Charles Schwab of ISHARES BITCOIN ETF. I got my 1099-B Form and it worked fine importing this from TurboTax but on the state of PA TurboTax keeps asking for date acquired which there is none listed. Kinda frustrating ... read more

Tax Deductiion

Can I deduct the cost of bringing a gas line onto my property? There is currently no gas access to the home. We use propane.

rental property depreciation not populating

I am doing my rental property entres, and in my expense summary the depreciation is not populating. It shows the value in the depreciation table but it does not populate. I have checked for updates and my file is supposed to be up to date. Any insigh... read more

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