How do I document rental income? how much is taxable?

[DoninGA]

All Rental income received is reported on Schedule E.  The Rental expenses are reported on Schedule E.  You should also be depreciating the rental property by adding the property as an Asset.

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

[SweetieJean]

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