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June 6, 2019
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How to report a cash short fall on rental property?

  • June 6, 2019
  • 2 replies
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rental property's expenses exceeded the rental income received. Which form do I report this on?
Best answer by Celery63

All rental income and expense is reported on Schedule E. Just follow the Turbotax rental interview.

2 replies

Celery63Answer
June 6, 2019

All rental income and expense is reported on Schedule E. Just follow the Turbotax rental interview.

Employee
June 6, 2019
and remember that mortgage principal is not deductible.