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Level 1
April 13, 2026
Question

This is our first year on TurboTax after a CPA completing my return for years. We own a rental property and we're wondering where do we enter our asset schedule?

  • April 13, 2026
  • 1 reply
  • 41 views
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1 reply

SharonD007
Level 14
April 13, 2026

You enter the assets for your rental property under the Rental Properties and Royalties (Sch E) section of Wages & Income. 

  1. Select Add/Edit next to Rental Properties and Royalties
  2. Select the pencil to edit the rental property (or add it)
  3. Select Add expenses or Asset by the property
  4. Check the box next to Real Estate Taxes and Continue
  5. Select the pencil next to the Real Estate Taxes to edit
  6. Enter the amount of your property taxes.

Refer to the TurboTax article Where do I enter income and expenses from a rental property? For more information.

 

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