We own 2 rental properties that we refinanced last year and put them in a buisiness name, I cant figure out where to enter the money that we took out of the properties?
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
We own 2 rental properties that we refinanced last year and put them in a buisiness name, I cant figure out where to enter the money that we took out of the properties?
We own 2 rental properties that we refinanced last year and put them in a buisiness name, I cant figure out where to enter the money that we took out of the properties?
You d put it anywhere. It is no income from the rentals, an asset associated with the rentals, or an expense associated with the rentals.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.