If I have a rental property, does it get listed in business or personal section?

[suzgarcia1107]

I am self employed, but this rental property has nothing to do with my business.

[Coleen3]

In TurboTax, you will be using TurboTax Premier Online or Desktop (or higher) to enter your rental property.

Tip: If your rental property is located out-of-state, make sure you first set up that state properly in Personal Info. That way, when you do your state taxes, we'll be ready to go.

Now let's enter that rental:

1. In the Personal section when using the desktop Home & Business edition

   • Click on Federal Taxes (Personal using Home & Business)
   • Click on Wages and Income (Personal Income using Home & Business)
   • Click on I'll choose what I work on
   • Scroll down to Rental Properties and Royalties

• We'll first ask you to enter general information about your rental (description, address, ownership percentage, etc.) 
• Eventually, you'll come to the Rental Summary screen which is where you enter your:
• Rental income
• Rental expenses
• Capital assets and depreciation
• Vehicle expenses

[DoninGA]

In the Personal section when using the desktop Home & Business edition

• Click on Federal Taxes (Personal using Home & Business)
• Click on Wages and Income (Personal Income using Home & Business)
• Click on I'll choose what I work on
• Scroll down to Rental Properties and Royalties