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

I accidentally marked my two rental properties as 'aggregate businesses' on the QBI forms. I can't figure out how to unlink them. Help?

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

2025 software is incorrectly computing my rental property's depreciation. I checked my entries. How can I reach someone @ Turbotax to help resolve the software problem ?

The problem is beyond my control. I'm asking Turbotax to help me navigate a problem it has caused. Will someone at Turbotax reach out to help, please. Several hours have been lost already, and over $1,300 is at stake.

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

Turbotax is deducting all of my Schedule E losses, even though it exceeds the $25K threshold - why?

Hi there, I've been using Turbotax for years and was surprised when it calculated a huge refund for me. When I look why, it is because it is deducting my full Schedule E loss, which far exceeds the $25K threshold - it was a rough year. I'm not a real... read more

Where can I find last year's depreciation report for my rental property. What cost basis did Turbo Tax Use?

Below FMV aren’t to a relative

I have rented a second home to relative for the full year 2025. It was about 35% below market in my area. My only expense this year was property taxes. How do I report this income.

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

where can I find how to depreciate my rental building

rental property depreciation

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

where do i enter rental property sales

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

Capital Gain on sale of second home

I sold my second home and now have to report the gain. What version of Turbo Tax do I need to accomplish that.

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