You’re in great company if you’re thinking about joining the rapidly
expanding group of real estate investors. Whether you want the adventure
of becoming a full-time landlord or simply looking to make a little
extra cash by renting out a room - or yo...read more
In prior years, I listed out rent and expenses, etc for the property. My
concern is if I say remove property (only option it gives) all my
depreciation is gone. Is there a way I can just remove this rental form
maybe and still have the property there...read more
We have a rental property and when running a final check on federal,
Turbotax says: "Schedule E worksheet: Passive Operating Loss must be
entered." And shows a blank box for me to enter a number. I have zero
clue what to put here -- I'm assuming this...read more
bb106Posted February 18, 2025
| Latest post 2 hours ago by
chriswa1
Getting this error on all my assets: Form 4562 Depreciation Options -
Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50% should be
blank. This asset is not qualified property for the special depreciation
allowance. All these assets are car...read more
Imported 1099's yesterday and there are no stock transactions for either
my Fidelity or Vanguard account. I can see them on the 1099 that each
account has published. Just talked to tech support and they said if the
import didn't pull them in, the onl...read more
I have imported the files from my MS account and it says the transfer
was successful but the files are not on on turbo tax. There are no files
listed in the import summary. My MS account is set up to allow
downloads.
JanLMPosted 6 hours ago
| Latest post 4 hours ago by
CatinaT1
MD Taxable income over 350k. Move out of MD in 2/28/2025. Capital gain
$60k . Out of 60k capital gain ,only 20k was earned while residing in
MD. Surcharge 2% is calculated based on total $60k capital gain instead
of 20k.