What do I do if i receive money every month for rent

[KathrynG3]

You will need to report the rental income on your tax return.

TurboTax can help with that. Follow the steps below to get to the rental income (and expenses) interview:

• From the left menu, select Federal>
• Wages & Income> Add more income or scroll down to...
• Rentals, Royalties, and Farm click Show more
• Rental Properties and Royalties (Sch E) click start

See below for additional resources:

Real Estate Tax and Rental Property

Am I Considered a Real Estate Professional