To better phrase my problem. We do qualify as real Estate Professionals with an LLC for our rental units. I have not been able to get TT H& B to not treat the current loss as passive income, which limits the loss to 25K. I can do it by the previously described hack method. I am coming to the conclusion that TT has no method of processing Real Estate Professional rental losses. Not within E nor within K-1s. The K-1 does not have a drop down for R.E.P.s where the Active and Passive dropdowns are shown on the K-1.
I would expect the required statement could be attached as a scanned attachment were there a way to get TT to correctly treat the loss as an active loss.
