CalculateRealEstateROI

Taxes

What is Schedule E and how do I file rental income?

IRS Schedule E reports rental income/loss; net flows to your 1040.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Direct answer

IRS Schedule E reports rental income/loss; net flows to your 1040.

Expanded explanation

Track rent, every expense, mortgage interest, depreciation. Pass-through losses limited unless REPS or STR exception applies.

Examples

  • $24k rent − $18k expenses − $8k depreciation = -$2k paper loss.

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