sharight3128
Returning Member

TurboTax is not allowing my rental property loss to be applied against other active income even though I meet the qualifications for a real estate professional and my rental property gain/loss is considered active income.

My husband and I own 2 LLC's.  One is a construction company and one is our rental property company.  We have losses on our rental income and even though I answered all questions pertaining to material participation and meet all the requirements, TurboTax is not applying the loss to my income on my construction company.  How do I fix this?