Restarted a second tax return, with same entries, resulting in loss limited to $0 -- opposite result contrary to first return.
Also noticed on Form 4797 Sales of Business Property, Part I, line 2, column (g) Gain or loss is 0.
When Cost Basis is greater than Gross Sales Price, shouldn't there be a loss?
Also found TT Disposition Report, for subject rental property column (h), Gain (Loss) Limited by 6198 if applicable is correct; column (i) Gain (Loss) Allowed is 0; and column (j) Loss Suspended Current Year are all entries from column (h).
These seems to be a correct loss but for some reason all losses are suspended for current year?
Sorry this is confusing, there must be a mis-entry somewhere.
