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My wife and I are co-principals in an LLC that rents out a single family home. where do I claim income and expenses?

 
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georgesT
New Member

My wife and I are co-principals in an LLC that rents out a single family home. where do I claim income and expenses?

You have to report the income and related expenses of your rental property in your tax return on Schedule E.


See answer to the FAQ on where to inter your income and related expenses in TurboTax.

https://ttlc.intuit.com/replies/3288530


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1 Reply
georgesT
New Member

My wife and I are co-principals in an LLC that rents out a single family home. where do I claim income and expenses?

You have to report the income and related expenses of your rental property in your tax return on Schedule E.


See answer to the FAQ on where to inter your income and related expenses in TurboTax.

https://ttlc.intuit.com/replies/3288530


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