Using TTBusiness 2019. Need to enter rental properties for an LLC (partnership, Form 1065).
Have reached the "Rental Real Estate" section in the "Federal Taxes" tab. The screen says "No Rental Property Entered" and instructs me to "Select Business Info tab above, and continue until the Rental Real Estate Property screen". OK.
I select the Business Info tab and get "Let's gather your business info" screen. I select "Continue".
I'm now at the "Confirm Your Business Information" screen which shows all of the information I previously entered. The "Has rental real estate activity (RRE):" question is answered "Yes". I choose "Edit", just to be sure, and I confirm that the "We rent real estate to others" box is properly checked. I choose "Continue" which takes me to the "Describe Your Real Estate Screen". It's properly described as "Commercial Real Estate", so I choose "Continue" again. This action returns me to the "Confirm Your Business Information" screen. Nothing else on this screen references real estate, so I move to the bottom and choose "Continue".
This action takes me to a "Reporting Your Income and Expenses" screen and the infinite loop begins. It doesn't matter whether I enter the cash method or accrual method of accounting. Once past the accounting method screens, I find that it also doesn't matter whether I have purchases or inventory to report. The real answer is "no", but no matter what I answer, it doesn't get me out of the loop. It then asks me whether I have a change of ownership to report (again, the answer is "no") but not matter what I answer, I'm still in the loop. Once I choose "Continue" from the "Change of Ownership" screen, I'm returned to the "Confirm Your Business Information" screen and choosing "Continue" starts the loop over again.
There's a problem here somewhere. Can someone help?
