I have a rental in a foreign country and this is the first time doing taxes myself. Per the interview, I see that I qualify for "Rental Real Estate Activities with active participation" under form 8582. The final numbers on my 1040 don't change if I don't choose active participation. In my previous year's returns, my accountant has my losses under "All other Passive Activities". Does it matter where i declare the losses or should I keep it consistent with my previous year's returns by stating I do not actively participate.
The definition of Actively Participating is very lenient. All that requires is me to say if I get to decide who the tenant is, then I actively participate. Please suggest what should be the correct option?
Thanks!
