https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/utilities-for-my-rental-are-in-my-name-the-renter-sent-me-payments-in-addition-to-the-rent-does-i/01/140325#M5039 And then do I enter the utility bills as expenses?&nbsp;&nbsp;The rental property was vacant in-between renters--are those utility bills deductible expenses? Sat, 01 Jun 2019 07:01:35 GMT tparrotte2003 2019-06-01T07:01:35Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/utilities-for-my-rental-are-in-my-name-the-renter-sent-me-payments-in-addition-to-the-rent-does-i/01/140325#M5039 And then do I enter the utility bills as expenses?&nbsp;&nbsp;The rental property was vacant in-between renters--are those utility bills deductible expenses? Sat, 01 Jun 2019 07:01:35 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/utilities-for-my-rental-are-in-my-name-the-renter-sent-me-payments-in-addition-to-the-rent-does-i/01/140325#M5039 tparrotte2003 2019-06-01T07:01:35Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/go-ahead-and-report-the-full-amount-your-tenant-is-sendin/01/140331#M5040 <P>Go ahead and report the full amount your tenant is sending you. &nbsp;You'll need to deduct the utility bills so the added payment from your tenant doesn't falsely inflate your income. &nbsp;You can also deduct the utilities during those periods the property is not rented out. &nbsp;</P> Sat, 01 Jun 2019 07:01:37 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/go-ahead-and-report-the-full-amount-your-tenant-is-sendin/01/140331#M5040 RichardG 2019-06-01T07:01:37Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-go-ahead-and-report-the-full-amount-your-tenant-is-sendin/01/2570058#M84138 <P>Does this still apply for 2021 Income tax?&nbsp; I also have rentals and the utilities are in my name and my renters reimburse me for the power usage, etc.&nbsp; I add the total for utilities to the actual rental income and declare it as "income" but then I expense the utilities out on my expense sheet.&nbsp; Would that be correct?</P> Thu, 10 Mar 2022 20:33:48 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-go-ahead-and-report-the-full-amount-your-tenant-is-sendin/01/2570058#M84138 CaddyGrn 2022-03-10T20:33:48Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-go-ahead-and-report-the-full-amount-your-tenant-is-sendin/01/2578400#M84468 <P>Yes, that would be the correct way to enter the utility reimbursements and your utility expenses.</P> <P>&nbsp;</P> <P><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/23657">@CaddyGrn</a></P> Sun, 13 Mar 2022 13:14:06 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-go-ahead-and-report-the-full-amount-your-tenant-is-sendin/01/2578400#M84468 AnnetteB6 2022-03-13T13:14:06Z