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Mdy0000
New Member

How does a vehicle for rent on Turo.com get reported accurately as a rental?

All schedule E options appear to be home and mortgage related
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1 Reply
Vanessa A
Expert Alumni

How does a vehicle for rent on Turo.com get reported accurately as a rental?

It doesn't get reported on Schedule E.  It gets reported on Schedule C.  A vehicle is personal property, not real property. 

Income or Loss From Rental Real Estate and Royalties Note: If you are in the business of renting per...

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