Investors & landlords
Appreciate your response DawnC. I'm still perplexed on this. I have gone thru the question in the rental prop section to the end several times. I have even started over and reentered all the property info so to see if creating a 'new' would have any affect on seeing the carry over is increased by the passive loss. But no luck the carry over from 2023 stays the same for 2024.
I think the images below will show you the responses I have entered to the questions asked in the Rental section of TT. In the first image you will see personal days equal zero, 'active participation selected. In the next 2 images I show the difference I see in the Sch E worksheet when I answer yes or no to the QBI question. No matter how I respond to the active participation or the QBI question, the carry over is not changing.
I'm not able to think of a reason why my passive loss for this year is not being added to carry over. Appreciate your continued review of the difficulty I am having.
RENTAL PROP QUESTION RESPONSES
QBI RESPONSE - YES note: line E8 is zero, should this be the same as the value on E3?
QBI RESPONSE - NO I would think Line E1 would be the loss from Schedule E, and line E3 to be zero since QBI response is NO. Could this be indication of the problem I'm having?
