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Where do I enter rental property commissions (Schedule E Commisions)?

When entering rental real estate expenses on Schedule E, I do not see input for Commissions.
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2 Replies
ErnieS0
Expert Alumni

Where do I enter rental property commissions (Schedule E Commisions)?

Did you buy or sell your rental property? Real estate commissions are part of the sales process.

 

If you bought your rental property in 2020, TurboTax will guide you through adding your purchase expenses, including commissions when you enter your rental property as an asset. They will be added to your cost basis or purchase price.

 

If you sold in 2020, commissions will be a sales expense.

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Where do I enter rental property commissions (Schedule E Commisions)?

Are you talking about commissions for a rental agent not sales commissions in buying or selling the property ? 

 

If so look again ...  there are 2 places for that in the expenses section ....

 

 

 

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