- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
If you have rental real estate, you want the 8995.
- Go back to your rental property and edit.
- Scroll down past property information, income, assets and click done with property.
- Continue
- Do you want to use a safe harbor to qualify this property for a deduction?
- If you actively participate in the rental (that question was in the property profile section) then you can mark none of these apply or
- if you spend over 250 hours on the rental and keep separate records, mark the top selection-safe harbor for the property on its own.
The middle option is the real estate enterprise group which you clearly don't have so it should not be marked.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 16, 2021
11:20 AM