Investors & Landlords Tax Forum Q&A

Investors & landlords

All About Rental Real Estate & Vacation Rentals

You’re in great company if you’re thinking about joining the rapidly expanding group of real estate investors. Whether you want the adventure of becoming a full-time landlord or simply looking to make a little extra cash by renting out a room - or yo... read more

I'm reaching out about form 8854- does a short term resident of 4 years needs to file it? I can see it says those who must file are citizens or LT residents of 8+ years.

Hello, I'm reaching out about form 8854 with an eligibility question. I can see in the instructions on IRS.gov it says those who must file are (1) citizens or (2) long term residents as defined below (residents of 8 years + in the last 15 years). Wha... read more

From 1099-B from Schwab says stock was acquired on various days. What should I fill in box 1B of the form?

How do I change the ownership of a 1099B account (stock sales) to be joint. Myself and spouse?

How do I go to the screen that allows me to change ownership to joint?

Why does it keep asking me to review the stocks, bonds, etc. (1099-B), I reviewed, then what?

what is cost basis and depreciation for a rental unit abroad?

US citizen, purchased apartment overseas more than 20 years ago, before living in the usa and becoming citizen, for very low cost (10k) now worth substantially more (~60k). it was put to rent 2 years back (converted from unit for grandma), and turbot... read more

can someone tell me how to get back to the section within schedule c that allows you to select 'i am at risk for this investment". Investments at risk?

i accidently unchecked this box and it is no longer calculating my business deductions.

where do I enter annual utility, water and telecommunication services deductions for a rental property, I live in?

If the washer and dryer in the rental property is broken, I replaced with a new sets. Does this cost belong to expense or asset?

Foreign Rental Property - Depreciation Method and Asset Life

I have a rented property in a foreign country. The property was rented out before 2024, but since I became a Greencard/resident in 2024, I have to report the income I earned from in 2024. I was wondering if "Alternative MACRS Straight Line" and "30" ... read more

full rental loss is not applied, why?

So, my spouse and myself have two rental properties. They are both inherited apartments abroad, being rented. For simplicity, my property A earned $11k in income, -$5k in expenses, -$9k in depreciation. the total is -$3k, right? My spouse property B ... read more

1099-s Sale of Land Easement

A utility company purchased a section of our property as a land easement. It was a one time lifetime easement purchase. How do I enter this ? I tried going through:Your investments and savingsAdd investmentsOtherWhat type of investment did you sell -... read more

Investments pulling information from 1099=B, TurboTax wants to know box 1c when I sold or disposed, but I didn't sell any of that stock. What should I put in for a date?

Can the HOA fees paid monthly as Rent, can include as personal property taxes?

We pay hoa fees every month as rent, can we claim these fees?

How to report stock/Mutual fund/ETF losses when they are not reported on 1099-B?

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All About Rental Real Estate & Vacation Rentals

I'm reaching out about form 8854- does a short term resident of 4 years needs to file it? I can see it says those who must file are citizens or LT residents of 8+ years.

From 1099-B from Schwab says stock was acquired on various days. What should I fill in box 1B of the form?

How do I change the ownership of a 1099B account (stock sales) to be joint. Myself and spouse?

Why does it keep asking me to review the stocks, bonds, etc. (1099-B), I reviewed, then what?

what is cost basis and depreciation for a rental unit abroad?

can someone tell me how to get back to the section within schedule c that allows you to select 'i am at risk for this investment". Investments at risk?

where do I enter annual utility, water and telecommunication services deductions for a rental property, I live in?

If the washer and dryer in the rental property is broken, I replaced with a new sets. Does this cost belong to expense or asset?

Foreign Rental Property - Depreciation Method and Asset Life

full rental loss is not applied, why?

1099-s Sale of Land Easement

Investments pulling information from 1099=B, TurboTax wants to know box 1c when I sold or disposed, but I didn't sell any of that stock. What should I put in for a date?

Can the HOA fees paid monthly as Rent, can include as personal property taxes?

How to report stock/Mutual fund/ETF losses when they are not reported on 1099-B?

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