I live in TX but have a rental in NY operating at a loss at around -$4000.
All of my rental income is in NY so would I enter $14764 even if I'm operating at a loss?
I have some S-corp distributions as well but that is all in TX and not part of NY, how do I separate the two on this line?
Would I need to fill out the Nonresident business allocation schedule? Not sure if rental is considered "business".
