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Schedule E rental property

chelsatx13
Level 1

I purchased a rental property in 2021 with a few other people.  We have not yet started renting it out.  My question is, Do I need to report the purchase of the home on schedule E when filing 2021 taxes even if I did not rent it in 2021?  

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2 Comments 2
BobKamman
Level 15



You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.


IRonMaN
Level 15

"You’ve come to an Intuit site supporting tax professionals"

................. and anybody than has an internet connection and can type.☹️


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