AmyC
Expert Alumni

Investors & landlords

We need to get your rental to be a passive activity. Follow along in your rental property:

  1. I know that you said you are not a real estate professional so that section is "None of the Above". 
  2. When you go into the property profile section, go through until you reach "Do Any of These Situations Apply to this Property" 
    • do you have any passive activity losses carried over from a prior year checked? You mentioned prior years had losses you carried over on another property.
    • Passive activities are limited to a $25k loss. However, you stated non-passive is showing with a greater loss.
  3. Continue through questions about office in home, maybe deductions, until you reach Let's Find Out if You're an Active Participant in This Property. Be sure the No is selected.

 

Side note: Days used for repairing the property are not considered personal use days. 

 

@ladylake

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"