My rental property expense is not correct, it should be greater than the rental income based on the info I entered, but it always matches the rental income.
For example, I entered the HOA $340, however, it shows $198 on my schedule E 1040, I entered my repair $922.72, but it shows $537.
This made my net profit to $0 instead of a negative number - my rental income was less than the expense last year.
Not sure if this is a turbo tax bug, I use Mac Premier 2024.
posted
last updated
March 28, 2025
10:12 PM