@Carl
Thanks for this info.
Can you clarify why you expect to see a loss, and no taxable gains for long term rentals? For as long as I've had these rentals (>10 years), I've only had a few years where there were losses due to major renovations between tenants. Just want to make sure I'm not missing anything. I'm putting in all the operating/trip expenses that I know of/Turbotax asks for. I depreciate most of the improvements I make to the properties.
