Investors & landlords

@krisdestruction 

 

Have you read the article in the link that @Critter-3 posted earlier? The article is one of the best, and most comprehensive, available for free.

 

Regardless, you should be aware that in order to meet the material participation test, you might have to make an election to aggregate your rental activities and TurboTax simply does not support that election (hence, the suggestion to seek professional guidance). 

 

The passive activity loss rules are some of the most convoluted, confusing, somewhat incomprehensible, and even contradictory in the tax code and regulations; even tax professionals have difficulty with their application. An in-person consultation with an experienced tax professional is the best option for these situations.