https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/why-is-the-business-income-netting-to-zero-even-though-the-expense-is-more-than-the-income/01/3526519#M120252 Tue, 03 Feb 2026 07:24:17 GMT cyrilguobadia14 2026-02-03T07:24:17Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/why-is-the-business-income-netting-to-zero-even-though-the-expense-is-more-than-the-income/01/3526519#M120252 Tue, 03 Feb 2026 07:24:17 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/why-is-the-business-income-netting-to-zero-even-though-the-expense-is-more-than-the-income/01/3526519#M120252 cyrilguobadia14 2026-02-03T07:24:17Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-why-is-the-business-income-netting-to-zero-even-though-the-expense-is-more-than-the-income/01/3539163#M120713 <P><SPAN style="font-size:14px;">Within the rental property activity, make sure that you indicated that you were an active participant.</SPAN></P> <P>&nbsp;</P> <P><IMG style="width:28.37%;" src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/68913c4b-010c-49d4-94c0-86fc1dedffe7.default.png" /></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px;">At the screen <STRONG>Review your rental property info</STRONG>, <I>Active participant</I> is reported in the lower left hand corner of the screen.</SPAN></P> <P>&nbsp;</P> <P><IMG style="width:27.2%;" src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/d5c39517-7faa-49ed-8e2f-e13afc15e331.default.png" /></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px;">Access rental income by following these steps:</SPAN></P> <P>&nbsp;</P> <UL> <LI><SPAN style="font-size:14px;">Down the left side of the screen, click&nbsp;<STRONG>Federal</STRONG>.</SPAN></LI> <LI><SPAN style="font-size:14px;">Down the left side of the screen, click&nbsp;<STRONG>Wages &amp; Income</STRONG>.</SPAN></LI> <LI><SPAN style="font-size:14px;">Scroll down to&nbsp;<STRONG>Rentals, Royalties, and Farm</STRONG> and click on the dropdown menu.</SPAN></LI> <LI><SPAN style="font-size:14px;">Click to the right of&nbsp;<STRONG>Rental Properties and Royalties (Sch E)</STRONG>.</SPAN></LI> <LI><SPAN style="font-size:14px;">At the screen&nbsp;<STRONG>Your 2024 rentals and royalties summary</STRONG>, click the pencil to the right of the rental activity.</SPAN></LI> <LI><SPAN style="font-size:14px;">Click the pencil to the right of <STRONG>Rental property info</STRONG>.</SPAN></LI> </UL> Tue, 04 Mar 2025 20:58:34 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-why-is-the-business-income-netting-to-zero-even-though-the-expense-is-more-than-the-income/01/3539163#M120713 JamesG1 2025-03-04T20:58:34Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-why-is-the-business-income-netting-to-zero-even-though-the-expense-is-more-than-the-income/01/3539284#M120719 <P>If this is a business, not a rental property, when it asked you if you "Materially Participate", did you say "yes"?</P><P>&nbsp;</P><P>When it asked if you all investment was "At-Risk", did you say "yes"?</P> Tue, 04 Mar 2025 21:30:20 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-why-is-the-business-income-netting-to-zero-even-though-the-expense-is-more-than-the-income/01/3539284#M120719 AmeliesUncle 2025-03-04T21:30:20Z