DIY Products

DIY Products

Whether you’re an experienced do-it-yourselfer or doing your own taxes for the first time, this is your place to learn and share. Here you’ll find information and resources for using H&R Block’s online and software DIY solutions. You’ll also find links to more information to assist you on your DIY journey.

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Member
Posts: 2
Registered: ‎04-18-2017
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Rental Property

In 2016, I started renting out a house I purchased in 2016. I used the H&R tax software tab for "Rental and Royalties" to enter in the information about my rental and expenses. I noticed under "Income Not Reported Elsewhere" there is a box for "For-profit Rental of Personal Property". Do you have to enter your rental income in both places in the program?

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Member
Posts: 8
Registered: ‎04-18-2017

Re: Rental Property

No.  Only report it in the "Rental and Royalties" section.  The "Income not reported elsewhere" topic is for rental of personal property (so, if you charged your neighbor to rent your snowblower over the winter), not real estate.

Member
Posts: 2
Registered: ‎04-18-2017

Re: Rental Property

Thank you! That makes way more sense!