Investments & rentals | TurboTax® Support

Investors and rental owners

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Turb Tax Premier does not let me proceed with Rental Income. Wants me to upgrade to Self-employed. But Premier does allow rental income as advertised.

Where do I mail an Ontario tax return when I don't live in one of the cities noted in the two Ontario options.

Do I need to claim my foreign income when living abroad? Do I enter in the foreign currency or change into CAD? Do I enter the exchange rate from CAD to NZD or?

On a working holiday visa living in New Zealand. worked for a couple months in 2023 and wondering if that income needs to be claimed? Which currency to claim? Which exchange rate to use?

I need help submitting my tax return through Turbotax to net file and submitting foreign income as I’m currently living in NZ, but had Canadian and NZ income last year.

Says Netfile won’t let me submit because of the foreign income, so how do I submit my tax return through turbotax?

Why are we considered as turbo tax self employed, charging us $120 when we try to file? i am working and have rental income and my wife is retired and has rental income

T5013 spousal allocation

I received a T5013 for a joint investment account I have with my spouse. I can't see on the T Slip entry screen where I can allocate 50% of the income amounts to her.

With a new rental property co-owned with wife, do I add 50% or 100% of purchase price to UCC additions on my return?

I bought a rental with wife last year with my wife and we own it 50/50. I recorded it as "co-ownership" on last year's tax return and added 50% of purchase price to UCC on my tax return, not 100%. The revenue and costs seem to be split properly autom... read more

How to carry 2023 investment expense to next year?

investment funds bought in 2022, then in 2023 the borrowing interest paid $30K, but no investment income. How to entry and carry over the paid expense to later years? Or simply do NOT enter them until next near? thanks

For column 3 of Princ Res Worksheet, a moderator in this forum said the questions should be answered yes, no, no, and blank if the property is sold to a third party.

Why is it necessary to answer the questions in column 3 if the sale is by a husband and wife to a third party, since the questions (per the heading) are supposed to be related to a disposition "to your spouse/partner"? If the property was sold to a t... read more