Investment Property

My husband and I just purchased an investment property in Idaho, a duplex, that is being rented to family for less than the Mortgage. We are not a business entity, nor have to be, to be landlords in Idaho. How do we add this investment property to our tax filing in 23'? When I got into Turbtax to try and find out, all I saw was treating it as a business, which we can't do. Please help me figure this out, so I feel more comfortable doing our own taxes again this year. I don't want to have to take this all to an accountant, unless I have to.

Thanks for your help!

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Investment Property

The TurboTax Premier version would be needed for your rental property whether you use online or a desktop version.

source: https://turbotax.intuit.com/personal-taxes/compare/online/

https://turbotax.intuit.com/personal-taxes/compare/desktop/

Best of luck with your new property, the following may supply some information that may be helpful for your first year filing:

https://turbotax.intuit.com/tax-tips/rental-property/real-estate-tax-and-rental-property/L3e09vT71

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