Do you report gross rental income or rental income less the mortgage payment

posted

Connect with an expert

1 Reply

Do you report gross rental income or rental income less the mortgage payment

Rental income is the total received, no adjustments.

See this TurboTax support FAQ for rental income and expenses - https://ttlc.intuit.com/questions/1894483-where-do-i-enter-income-and-expenses-from-a-rental-propert...

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post