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February 22, 2025
Question

How do I check that I am a real estate professional?

  • February 22, 2025
  • 1 reply
  • 0 views

I look and look but I never see the option to click yes to this status. 

    1 reply

    February 27, 2025

    In TurboTax Premium Online, to report that you are a real estate professional, follow these steps:

     

    • Down the left side of the screen, click on Federal.
    • Down the left side of the screen, click on Wages & income.
    • Click the down arrow to the right of Rentals, Royalties, and Farm.
    • Click to the right of Rental Properties and Royalties.
    • At the screen Your 2024 rentals and royalties summary, click the pencil to the right.
    • At the screen Here's rental property info, click the pencil to the right of Rental property info.
    • At the screen Review your rental property info, under Owner info, Edit Real estate professional.

     

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