pm892
New Member

Get your taxes done using TurboTax

I guess I didn't put it accurately last time. When I said 'active' last time, I meant 'professional'  I just re-visited TurboTax: in the page of 'Please confirm your professional status', I checked both '>700 hours' and '>50%'. So I guess I am treated as 'real estate professional'. The next page says 'Let's determine your real estate professional deductions'.

 

In this case, my income from all rental properties should be active, not passive. Therefore it should not subject to any passive loss limitation, right?

 

If no passive loss limitation, why income from some rentals is treated as passive while income from the others is treated as active?

 

Thanks.