dallasholv
Returning Member

Investors & landlords

Hmm.  Not seeing section 179 or bonus depreciation.   I have been depreciating the rental property in Turbo Tax ever since starting to rent in 2014.  My Federal Returns in Turbo Tax only have Schedule E and form 8582 Passive Activity Loss Limitations.  We are not operating the rental as a business.   We are only infrequently contacting the tenant and that's about it for involvement.  

 

Where else can I look to see why Iowa is showing I owe tax on a rental property that is a loss year over year on my Federal return?