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New Member

Investors & landlords

1. Review the days rented  and ensure that is all you entered.[personal uses days  activates severely tax limitations of expenses]

2.Ensure you mark actively participation.[The term "active participation" is a less stringent standard] 

3.Lack of rental  income sufficient enough to offset  expense.[depreciation  is taken last, but only to the extent gross income exceeds the expenses for the  general activity.]

4. Input errors as to dates and asset basis .