Rental Income and Expenses - TurboTax - 1099-Misc

[@eataxresolutions]

Hello Everyone! Just as a reminder if you have a question about TurboTax or filing I will be doing these Live Streams every Monday at 4PM PST. Be sure to stop by and ask your question in chat so I can help you out! If you want to help our channel outplease use TurboTax through our link! Our TurboTax Link: www.tkqlhce.com/click-100683865-11557904?url=https%3A%2F%2Fturbotax.intuit.com%2Flp%2Faff%2F4049%3F%26priorityCode%3D6099000412

[@stanAmericansharkA]

I bought the property and lived there for first year then I started rent second year. How can I file purchase price?

[@mnik6189]

What happens if you have two properties but they are reported on one 1099-misc… do we combine all the expenses? I would prefer to keep the properties separate but not sure that’s an option.

[@chanelbrown6080]

What happens if you don’t have a property manager did you receive a 1099-misc

[@AssortedVideosforALL]

Does this also include Known as (LOT RENT) Payment also.? = i Pay Them Via Bank Cashiers Check...

[@austini9595]

Thanks for sharing your video. Where do you add the monthly mortgage amount to this property? I have a rental property and receiving the monthly income from the property manager but im obviously not keeping all that money since I am paying mortgage and cash flowing $600 a month. How can I report to turbotax so they only see cash flow amount and not the entire amount I am receiving from the property?

[@eataxresolutions]

Great question I will be live streaming on Monday 2/4/2024 at 4pm PST and can show you then.

[@livefreeandhappy4892]

How to enter my rental home deprecation amount directly if I am using TurboTax the first time since I already have the yearly deprecation amount calculated. Thanks ❤

[@angiesingleton5160]

What if you are renting an apartment? I have never received a 1099 Misc the 2 years I have rented this apartment. What can I do because they have charged me for things I have never used.

[@Cyberpunk_Radio_PBS]

This video is for the owner of the apartment, to file their taxes correctly