Thanks for your answers. If I e-file my tax return from turbotax, to file an election pursuant to iRC SEC 469(c)(7)(A), does it mean I have to mail the election to the IRS with my e-file confirmation page? Or is there a way to e-file the election together with my turn? Another question, if I fail to qualify as REP or for other reasons that I don't want to combine all interests in rental real estate as one activity in the next year, do I have to file anything in addition to regular tax return that treats the rental properties separately?
