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New Member
posted Jun 4, 2019 6:35:31 PM

“Just checking if youre a homeowner” - could you please clarify if this includes my rental properties? Why would this be so vague on tax reporting software?

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1 Best answer
Expert Alumni
Jun 4, 2019 6:35:33 PM

No, being a "homeowner" does not include rental properties. If you own your own home, you are a homeowner. If you own rental properties, you are in business. The tax deductions are greater for rental properties than for homeowners.

3 Replies
Expert Alumni
Jun 4, 2019 6:35:33 PM

No, being a "homeowner" does not include rental properties. If you own your own home, you are a homeowner. If you own rental properties, you are in business. The tax deductions are greater for rental properties than for homeowners.

New Member
Jun 4, 2019 6:35:34 PM

OK. I would ask that you please clarify this in your software on the various pages, because this is confusing to a lay person.

Expert Alumni
Jun 4, 2019 6:35:36 PM

I will pass this along. Thank you.