How did you answer the 'at-risk' question at the screen Do any of these uncommon situations apply to your rental property?
Did you select I have money invested in this rental property that I'm not at risk of losing?
Review the question here:
- At the screen Here's xxx rental property info, scroll down to Less Common Situations.
- Select Edit to the right of Carryovers, limitations, at risk info etc.
In the tax world, "at risk" means that the business owner is personally liable for the business's losses. See also here.
@johnlewishayes
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