Thanks for your reply!
We are reporting the usual expense for a residence. Property taxes, insurance, legal, etc. We upgraded our interior and have more depreciable assets in 2023 - which TurboTax showed as qualifying for the 80% bonus - which even after I’ve elected OUT of this expense - TurboTax is not limiting the overall loss to zero. Maybe we are allowed a net loss somehow - but I thought if a property qualifies as a vacation ST rental - any losses are not allowed and must be carried over.
am I missing the law - it is there a button in TurboTax I am not seeing? Thx
