Do I need to enter 'income against which limited partnership losses can be claimed' if first year of rental income at loss?

tairaliceaga · ‎October 31, 2019

the rental property was inherited with my brothers so I chose 'partnership'. this is the first year the expenses surpassed the rental income because it was vacant part of the year.

JenniferSte · ‎October 31, 2019

You need to enter your rental property income and expenses as well as your partnership details for the rental property under the Rental Property section of TurboTax. Choose Rental Property from the left hand navigation to access this info and enter your income and expenses.

Do I need to enter 'income against which limited partnership losses can be claimed' if first year of rental income at loss?

Investors and rental owners