Thank you for taking the time to explain this to me.
I now see where my misunderstanding took place. It was the:
"Consider your gross income thresholds" that I had missed/misunderstood.
I was hung up on the net thresholds after reductions to determine status.
Considering that it appears rather straight forward now, do you think that using Turbo Tax for my filing is sufficient, or would you recommend hiring a professional to go over it? Especially this first time of me doing this type of landlord venture.
