I plan to make an election this year under Section 469(c)(7)(a) election to group my properties. Yes, I am aware of the implications and do qualify as a real estate professional. I see previous comments that that Turbo Tax doesn't support the election and it will need to be done manually and will have to mail returns, which is fine, however I also saw a comment that turbo tax doesn't support the calculations of the properties being grouped, so the questions are (1) Does Turbo Tax even allow me to show the properties as group? If so, how? 2020 I had 2 properties listed which I believe I checked some box to say they are group, however they look to me on the screen like two separate properties with separate net income calculations. Now I have 3 more and would like to group all together. This is the first year that I qualify for real estate professional. (2) If TT does allow to group the properties, is it true it cannot do the calculations and if so, does that mean turbo tax can no longer be of use?
