All Investors & landlords posts

I have entered my rental property information twice in this, and I am still not getting the Schedule E loading? Help Please!

pereellis — Mon, 13 Apr 2026 07:16:10 GMT

Re: I'm stuck in a check this entry loop. QBI Passive Op Loss

tt2025issues — Mon, 13 Apr 2026 05:24:05 GMT

TLDR; Keep going back to the Schedule E / carryover form and resetting the form to the correct values until the error goes away.

I had a similar problem. I followed the TT AI's recommendation to delete and re-enter the Schedule E information (deleting caused all past history/assets to be removed with no way to import again from last year). After redoing Schedule E from scratch, I still got the QBI Passive Op Loss validation error.

I followed these instructions - went back through the Schedule E / carryover section, entered 0's where there were blanks. Still got the QBI Passive Op Loss validation error.

Went back again and found that TT had put the sum of the Op Loss in a previous year (that was previously set to 0). Set back to 0, failed to validate again - this time "Op Loss must be less than $$$".

Went back again and found that TT had put more numbers in previous Op Loss years. Set all to 0. Finally, the form validated.

I can’t finish my stock sales reviews with Robinhood, it does not let me save the review. How can I move forward?

femzags — Mon, 13 Apr 2026 05:23:45 GMT

I have review all of the lines in this section and they are correct, however, once I click submit, it continues to give me the same problem, that I have to review the stock sales

Re: For rental income, should I deduct my mortgage payments? The tenant didn't pay for 3 months, ...

DawnC — Mon, 13 Apr 2026 04:47:05 GMT

You enter the total amount you received from your tenants as Rental Income. Then, you enter your mortgage payments as expenses for the rental property. You can't deduct rent you did not receive - but you also do not claim that rent as income. Only enter the amount (the full amount) you received from renting the property as Rental Income.

The mortgage interest is entered separately as a Rental Expense. Where do I enter income and expenses from a rental property?

For rental income, should I deduct my mortgage payments? The tenant didn't pay for 3 months, so I took a loss

KaraDeeWilliams — Mon, 13 Apr 2026 04:43:40 GMT

I have a rental property with a mortgage on it. For the 2025 Rental Income portion, should I put the total that I received after I paid my mortgage as the income amount or the gross I received before I take the mortgage payment out?

my stock and RSU investment (DIV, Interest, capital gain from sales) total is way less than what Turbo Tax shows for total capital gain. why?

newsha-mirzaie — Mon, 13 Apr 2026 04:20:46 GMT

Re: Where do I input short-term capital gains/losses in the underpayment penalty section of other tax situations?

Mike9241 — Mon, 13 Apr 2026 04:19:25 GMT

when you go to other tax situations > underpayment openalty and select tyo use the AI method you should eventually see a screen that says NET CAPITAL GAINS whjich allows input of both long and short term items

perhaps you have to scroll up to see short-term line.

Re: Entering expenses for not for profit rental

MaryK4 — Mon, 13 Apr 2026 03:35:15 GMT

Because this is a not-for-profit rental, your expenses are considered "hobby-like" expenses. Under current tax law (the Tax Cuts and Jobs Act), most of these expenses are no longer deductible on your federal return, even though you must still report 100% of the income. For tax years 2018 through 2025, the IRS has suspended the deduction for "miscellaneous itemized deductions," which is where not-for-profit rental expenses (like repairs, insurance, or utilities) used to be reported.

However, you can still deduct the mortgage interest and property taxes if you itemize your deductions.

How do I get a foreign tax credit to apply against my rental property overseas

patrick — Mon, 13 Apr 2026 03:34:04 GMT

Entering expenses for not for profit rental

user17760492085 — Mon, 13 Apr 2026 03:23:12 GMT

I am renting my townhome for under fair market value. Turbo tax said since it was not rented at fair market value, it is considered a not-for-profit rental. I was directed to enter the rental income under other reportable income --which I did. I was also directed to entered rental expenses under deductions and credits. I understand the rental expenses cannot exceed the rental income I received. Where do I enter the rental expenses under deductions & credits?

Re: Can I deduct mobile home space rent for calif renter credit?

MaryK4 — Mon, 13 Apr 2026 03:01:35 GMT

Yes, paying mobile home space rent (lot rent) generally qualifies you for the California Nonrefundable Renter's Credit, provided you meet the standard eligibility requirements. In California, the land beneath your mobile home is treated as a qualifying residence if it is rented for at least half the year.

Can I deduct mobile home space rent for calif renter credit?

chatanhome — Mon, 13 Apr 2026 03:00:29 GMT

Unable to Fix an error on the Federal Tax Return. It sends me to Schedule K-1 Part III Line 7 "Double-Click to link royalties to Schedule E Worksheet" Nothing fixes this

lauri_jo — Mon, 13 Apr 2026 02:59:55 GMT

K-1 form has been entered. This "fix it" problem is not allowing me to "Double-Click" on anything to fix it. I also tried to enter '0' to bypass this, but no luck. Any advice on how to fill this box to complete the federal return?

Re: If I purchased a rental property in 2025 as 50% owner, do i put the entire original purchase price, or half of it (in the section to determine cost basis and depreciation

Mike9241 — Mon, 13 Apr 2026 02:56:41 GMT

there is also the question of how the other owner is related to the taxpayer and wether this is an LLC . Technically a partnership return might be required.

Re: I have a capital loss from investment (less than $3K), why isnt the loss being reported on cu...

MaryK4 — Mon, 13 Apr 2026 02:34:08 GMT

If you had any capital gains (from stocks, mutual funds, or capital gain distributions on a 1099-DIV), your loss is automatically applied to those gains first. Only the net loss after this calculation appears on Line 7.

Re: Can someone help me confirm that depreciation recapture on the sale of a rental property is b...

escpa — Mon, 13 Apr 2026 02:29:40 GMT

That is helpful in terms of the depreciation recapture. Do i still need to prorate the gain in terms of its eligibility for the exclusion? I meet all of the tests.

Re: In depreciating a roof for a rental. TT requests to enter the value of land included in the t...

gerigal — Mon, 13 Apr 2026 02:26:04 GMT

Thank you so much!

I have a capital loss from investment (less than $3K), why isnt the loss being reported on current year federal return?

dopiana — Mon, 13 Apr 2026 02:25:19 GMT

Re: Special Depreciation Allowance

go314nathan — Mon, 13 Apr 2026 01:48:14 GMT

was this issue resolved? I am having the same problem.

Re: I file using TurboTax desktop version and has capital loss carryover from last year. How do I key in that loss in Online version this year?

mesquitebean — Mon, 13 Apr 2026 01:43:39 GMT

You're welcome. I'm glad it worked for you. Good luck.