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tsunam1s
New Member

Rental Property is in Canada. I have not gained any income on this property as there were renovation fees. How do i report this?

 
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RichardK
New Member

Rental Property is in Canada. I have not gained any income on this property as there were renovation fees. How do i report this?

You report your Canadian rental income as you would your U. S. rental income on Schedule E, however you may be entitled to a foreign tax credit, if you paid Canadian tax on that income, click here for instructions on reporting your foreign rental income in Turbotax. 

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