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 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
AussiePosted a week ago
| Latest post 3m ago by
Aussie
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.
Map1945Posted yesterday
| Latest post an hour ago by
Map1945
As District of Columbia (DC) non resident with a rental condo in DC, I
believe that I was supposed to fill out a D-30 for my rental if gross
rental was over 12k? Turbo tax does not generate this form. Is this
something I need to fill out outside of T...read more
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
kata123Posted Tuesday
| Latest post yesterday by
kata123
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.
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
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
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