Don-CNY
Returning Member
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Yes, I thought that's what I said - the payment comes from the funds in the trust but I deduct it on the Sched E.
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My question comes down to how I bot pay for expenses and report them on my taxes. I don't know if I'm not asking the right questions or they don't understand th...
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Yes, I'm aware of that - again, I've been reporting the tax-related activity on our personal return for that reason. I already looked at the alternative methods...
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Yes, it is a grantor trust. As such I have been submitting a schedule E for the rental properties as part of our personal return. But we have previously been pa...
Activity Feed for Don-CNY
- Posted Depreciable improvement allocation for sold rental property on Investors & landlords. March 31, 2023 10:32 AM
- Posted Re: Grantor trust reporting and allocation of income property expenses on Investors & landlords. April 19, 2022 3:25 PM
- Posted Re: Grantor trust reporting and allocation of income property expenses on Investors & landlords. April 19, 2022 1:45 PM
- Posted Re: Grantor trust reporting and allocation of income property expenses on Investors & landlords. April 19, 2022 12:51 PM
- Posted Re: Grantor trust reporting and allocation of income property expenses on Investors & landlords. April 19, 2022 12:38 PM
- Posted Grantor trust reporting and allocation of income property expenses on Investors & landlords. April 15, 2022 5:37 AM