Reporting income from renting parking spot through SpotHero

[ColeenD3]

How is your business formed?

Is it a sole-proprietorship, a partnership, or a corporation? 

If it is a sole-proprietorship, follow these steps. If it is a formal business, you will need the business program.

Follow these steps to go to the Schedule C section of your return:

On the top right corner of TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner).

1. Type in “schedule c” (or for CD/downloaded TurboTax, click Find).
2. Click on “Jump to schedule c”.
3. Click on the blue “Jump to schedule c” link

[Carl]

@ColeenD3 just curious as to why you are assuming this is a SCH C business of any type, and not reported on SCH E. Rental income/expenses is normally reported on SCH E for real estate rental income. It may only be a parking spot. But unless specified otherwise (and I don't see that) it's still real estate.

[ColeenD3]

I read lot for spot.

. . . The term "rents from real property" does not include income from the operation of a hotel but does include rents derived from a lease of the hotel itself. Similarly, income derived from the operation of a parking lot is not considered "rents from real property."

B. RENTS FROM REAL PROPERTY - RENDERING OF SERVICES

Here is another link.

[Edited 4/14/2022|12:00 PM PST] 

@Carl