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Section 179 Carryover
I have a section 179 Carryover from last year. I added assets to a rental property. This is a short term fully furnished beach front rental. It rents weekly. I replaced the AC unit, added appliances and bought new master bedroom furniture and a mattress in 2022, I listed these as assets and then chose I'll deduct the full value and take the 179 deduction. Now on the 2023 taxes, I see a message that reads "section 179 carryforward-Reg should not be entered, because this rental property is not a commercial property". If I took the full value in 2022, why is it an error in 2023?
I also get an error on review that read "QBI passive losses c/f should not have a value when no previously disallowed losses are present for regular taxes purposes".
I'm not sure what I did wrong??