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
I'm trying to report depreciation for my residential rental property,
but that section states they are working on a software update; that
section will be updated soon. I checked the news and Reddit about that
topic. People have been having this probl...read more
after choosing stocks, Cryto, Mutual Funds, Bond and others, no more
question on "collectible", why?How to choose "collectible" for this
gain? Please advise.
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
shankarrPosted 3 weeks ago
| Latest post yesterday by
bill29
Hello,Do I use the overall loss, part IV from form 8582 for this field
"QBI Suspended Loss - Passive"? This is on the partner K-1. Below is a
pic from the step by step view and Forms view.If not, where would I look
to find it on a filed return, since...read more
KMJKPosted yesterday
| Latest post yesterday by
KMJK
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