@Scruffy_Curmudgeon 199(a) is one of the worst written tax laws I've seen with so much circuitous stuff, also what is basis rules, high income earners, why would I call a property 199(a) if I have a loss, why not claim 1 is that makes money and claim the other rentals are not. I've seen people claiming rentals as 199(a) that don't have expenses and don't comprehend why I say they'll be audited... I'm sick of it all. (then add the new laws for trustee fees).
**I don't work for TT. Just trying to help. All the best.
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**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
