Can more than one rental property be on a single T776 form? If you own two or more units in a condo building, can all of these be completed on one T776?
The 2017 Turbotax Standard version T776 form states "List the addresses of your rental properties". This wording suggests that you can include more than one property on a single T776 form, but the form itself does not provide much room to include more.
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1 Replies
TurboTax-Esther
Level 7
Oct 30, 2019 12:50:15 PM
You would do a T776 for each property.
If you had a duplex and rented out both sides, or a house with several apartments, you can enter one address and say you have 2 units.