How do I enter my rental income and expenses in TurboTax Online?
by TurboTax• Updated 3 months ago
Rental income is income you earn from renting a property that you own or have use of. You can own the property by yourself or with someone else. Rental income includes income from renting:
- Houses
- Apartments
- Rooms
- Space in an office building
- Other real or movable property
For more information, visit Claiming Rental Income.
Note: Enter only deductible expenses that you weren't reimbursed for and haven't deducted elsewhere. If you rent out a part of the building that you live in, you can claim only the portion of your expenses that relates to the rented part of the building.
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