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let me give you an example of the rules where a REP does not elect to treat all rental real estate activities as one activity.
Jane owns two rental real estate interests. Properties 1 and 2. She did not elect to treat both as one activity.
Properties 1 and 2 are treated as separate rental real estate activities for the material participation tests, if she meets one of the material participation tests for Property 1, but not Property 2, Property 1 will be nonpassive but Property 2 will be passive.
the tests
so what type of participation was checked for the VR?
electing to treat all rentals as one requires a formal election to be attached to the return (the return would need to be mailed since Turbotax does not have this election). the election is generally irrevocable. Any new properties would need to be included.
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