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Deductions & credits
@DianeW777 Thanks for the great info. I now see where the passive losses are balancing against some other income on Schedule 1.
I'm still a bit stuck on the "Sold rental property" portion. When I go through the interview for the Asset, when I get to the question: "Special Handling Required?" I'm answer "Yes" since "the business use percentage of the property varied during the years I owned it" (I was living in the home for 5 months back in 2022). I'm wondering if I should be checking that box since on my 2022 tax return, I indicated a personal use of 58%, which I believe prorated the depreciation? Because I'm answering the "Yes", the "Original Cost (of each asset on your depreciation schedule)" screen doesn't come up.
Should I be answering "No" and fill out the information you described? If so, any advice on calculating the allocation of sales expenses between the Asset and Land? Should I take the Total Sales Price/Original Purchase price and apportion the gain to both the Asset and the Land? Then apportion the sales expenses based on the ratio between the Asset and the Land values?