I own rental property and I do not see where I can indicate my expenses and repairs to my property in turbo tax
I have made major installation and repairs to the property. The 1099-K shows only the gross income but not the net income. How do I report these expenses in my Turbo Tax application? This my first year renting the property.
011583
1 Replies
SharonD007
Expert Alumni
Mar 24, 2025 9:27:49 PM
You report your rental property expenses in the Rental Properties and Royalties (Schedule E) section of Income and Expenses.