GiseleD
Expert Alumni

Investors & landlords

Here's how to make these entries:

 

1) Once in your return, click Income & Expenses (tab at top of your screen).

2) Scroll down to Rental Properties and Royalties (Sch E) and click Edit/Add.

3) Click through the first two screens in this section until you get to the screen that says Rental and Royalty Summary. Click Edit next to the property in question.

4) Scroll down to Assets/Depreciation and click Update or Start.

5) Go to your asset summary.

6) Click + Add an asset.

7) Click the button next to Rental Real Estate Property.

😎 On the screen that says Tell Us a Little More About Your Rental Asset, click the button next to appliances, carpet, furniture.

9) On the next screens, follow the prompts to enter the asset. You CAN include the installation cost in the total asset cost. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"