@KrisD15 thank you for the post. Turbotax automatically recaptured the depreciation by reducing the cost basis of my rental property. I also see where the capital gains are being offset by the prior years unallowable loss. My issue is that I'm being hit with alternative minimum tax. Looking at the Alternative Minimum Tax form 6251 line 2m (passive activities) is showing a positive number (ie, a gain). I've had prior year losses....therefore, I assume that number should be negative (ie, a loss). Is this a bug?
