Hi there, I've been using Turbotax for years and was surprised when it calculated a huge refund for me. When I look why, it is because it is deducting my full Schedule E loss, which far exceeds the $25K threshold - it was a rough year. I'm not a real estate professional and said no to that question, but am actively involved in the management (and checked that box) in managing my real estate portfolio. I have it marked as a real estate enterprise (ten properties) as I always have. Did the rules change this year and it treats a real estate enterprise similar to a Schedule C business, or have I been shortchanging myself in prior years by not deducting the losses? I'm not sure why it is coming up different this year.
