Schedule E - Rental income from a rental property I dont own

Forum|Forum|7 years ago
June 1, 2019
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I have rental income from a property that I rent myself (I do not own the property). When I add the property into Schedule E it doesn't give me the option to list it as a rental. It only asks whether I own it myself or with my wife. Does anyone know the solution to this?

TurboTax Deluxe Online

A

AnnetteB6

In order to enter your rental income and expenses, you will need to answer the question as if you do own the property.

Then, when you are entering the expenses, be sure that you do not enter depreciation for the property since you do not own it. You also would not be claiming mortgage interest or property taxes.

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