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March 16, 2021
Question

Can we enter each category of revenue and expenses once for a portfolio of 17 properties or do we have to have individual entries for each of the 17 properties?

  • March 16, 2021
  • 1 reply
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I would like to enter a single aggregate number for each category of revenue and expense and not 17 entries for each category of revenue and expense.   Is this allowable?

1 reply

Critter-3
March 16, 2021

Each individual property must be entered individually on the Sch E when filing a personal income tax return.