topic Vacation Rental Income , where to enter? in Investors & landlords

Vacation Rental Income , where to enter?

alopez0105 — Mon, 23 Feb 2026 10:36:53 GMT

I opened up a vacation rental business this year . Using the Home & Business version of Turbo Tax . I am confused as to where enter the rental property income . I added the Business under business income but does the actual income and expenses go in that section or do leave income and expenses blank in that section and enter all of the information in the rental property and royalty income section?

Re: Vacation Rental Income , where to enter?

Anonymous_ — Fri, 20 Jan 2023 21:58:13 GMT

What kind of business? Are you managing rental property for owners or do you simply own a rental property yourself?

Re: Vacation Rental Income , where to enter?

alopez0105 — Fri, 20 Jan 2023 22:00:20 GMT

It is an LLC , I own the rental property . I will be purchasing another one this year . It will eventually be a chain of rentals belonging to the LLC

Re: Vacation Rental Income , where to enter?

Anonymous_ — Fri, 20 Jan 2023 22:02:12 GMT

@alopez0105 wrote:

It is an LLC , I own the rental property . I will be purchasing another one this year . It will eventually be a chain of rentals belonging to the LLC

In that event, unless you are a real estate dealer or provide substantial services to your renters (such as meals or daily maid service), your rentals would be reported on Schedule E.

Re: Vacation Rental Income , where to enter?

alopez0105 — Fri, 20 Jan 2023 22:03:57 GMT

Thank you how about expenses such as repairs (hvac had to be repaired ) and supplies provided to the renters like paper towels, etc . under the same schedule ?

Re: Vacation Rental Income , where to enter?

alopez0105 — Fri, 20 Jan 2023 22:05:37 GMT

and if so , would i then just remove the LLC from the Business income and expenses section ?

Re: Vacation Rental Income , where to enter?

Anonymous_ — Fri, 20 Jan 2023 22:08:37 GMT

@alopez0105 wrote:

and if so , would i then just remove the LLC from the Business income and expenses section ?

Yes, because it belongs in the Rental Properties and Royalties section.

Re: Vacation Rental Income , where to enter?

alopez0105 — Fri, 20 Jan 2023 22:09:13 GMT

thank you!