How do I get Turbo tax (using online TurboTax premium") to classify me as a material participant in a rental property without classifying me as a real estate professional?
How do I get Turbo tax (using online TurboTax premium") to classify me as a material participant in a rental property without classifying me as a real estate professional?
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1 Best answer
DawnC
Expert Alumni
Feb 14, 2025 5:39:22 PM
If you indicate you are a real estate professional, you get the material participation question on each property instead of the active participation question. So, you would need to indicate real estate professional status to get the material participation question on each Schedule E property.
If you indicate you are a real estate professional, you get the material participation question on each property instead of the active participation question. So, you would need to indicate real estate professional status to get the material participation question on each Schedule E property.