Investors & landlords

Let me provide some numbers to illustrate, since I can't post images:

Line 1 Rent received: 8,000  15,000  11,000

Line 18 Total expenses: 7,000  10,000  18,000

Line 19 Income: 1,000  5,000  (blank)

Line 20 Loss:  (blank)  (blank) 0

 

That last number should be 7,000, not zero, and the loss box should be checked. There's nothing in the official form instructions indicating something different should happen.

 

Line 22 should indicate a loss of 1,000, not a gain of 6,000.