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May 12, 2021
Question

Why is my rental net profit calculated much more (thousands) larger than my actual ROI for the rental)? By basic ROI I mean Rent - mortgage-prop tax - insurance - repairs

  • May 12, 2021
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Is depreciation affecting the net profit TurboTax calculates? This large net profit/royalties are being added to my wages income

1 reply

May 12, 2021

look at schedule E  page 1 for the rental property. are the numbers correct?