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
We had an original loan of 708k in 2017. We refinanced to pay off
mortgage assistance we also had when we purchased the house. When we
refinanced in 2020 funds to borrower (us) was 0 shown on the documents
and due from Borrower at Closing 04a Payoff ...read more
I did transfer 2024 tax file to 2025 success. But rental properties
information didn't transfer. I need depreciation forms from previous
year. What I should do?
heping98Posted a month ago
| Latest post 50m ago by
JIm_G
I shared 1/2 of my house for 1/3 (4 months) of the year. How do I
calculate what fraction of expenses (property
taxes/insurance/utilities/maintenance/supplies) I may deduct? My
inclination is 1/2 * 1/3 * total annual expense, but would like to
clarif...read more
The bulk of my buys/sells are on Defi platforms like Uniswap, Raydium,
Pancakeswap, etc. No 1099 forms issued of course. Where do I enter these
sales? It would seem to be under Investment Income but that says
"1099-B, 1099-DA or broker statements". T...read more
thepepPosted Sunday
| Latest post 3 hours ago by
thepep
Hello,My property manager put my house up for rental in November 2025
(listed on Zillow, etc) but did not find a tenant until January 2026 so
I have no rental income to report in 2025. However, I would like to be
able to deduct some expenses (landlor...read more
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
For DEX crypto transactions that have no 1099-DA, what is the workflow
in Turbotax, i.e., how is one to initiate dialog on Turbotax to enter
these transactions? For e.g., if I go to Wages & Income, then under
Investment Income, I click Update next to...read more
Since I'm not sure what date the distribution was made, I'm not sure if
I split it in half and put half on our NY return and half on our IA
return? We moved to IA from NY on 7/28/2015.My question would also apply
to how we handle the interest income ...read more
I’m going to start by trying to ask a general question, and then I’ll
give details on why I’m am asking: Q: If all transactions in the 1099-B
“Proceeds from Broker” section do not have a reported cost basis and
instead turbotax uses the transactions ...read more