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
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 an hour ago by
CatinaT1
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