https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/alt-min-tax-triggered-with-sale-of-residential-rental/01/3707086#M126664 <P>We sold our rental property in 2024 which was purchased in 2003 which generated a recalc AMT at 28%. Because of our income levels, most of the depr exp and other exp were suspended passive activity losses.&nbsp; I was surprised that the alt min tax was triggered which included adding back the SALT deductions as well as the passive activity loss (line 2m on F6251).&nbsp; Line 2m on F6251 flowed from the cap gain on our res property which amounted to $174K.&nbsp; Sales price of the rental was $232K less land of $39K and net depreciation including recapture of $19K for a gain of $174K.&nbsp; Is TT calculating this correctly?</P> Tue, 14 Oct 2025 20:00:51 GMT BayAreaMom 2025-10-14T20:00:51Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/alt-min-tax-triggered-with-sale-of-residential-rental/01/3707086#M126664 <P>We sold our rental property in 2024 which was purchased in 2003 which generated a recalc AMT at 28%. Because of our income levels, most of the depr exp and other exp were suspended passive activity losses.&nbsp; I was surprised that the alt min tax was triggered which included adding back the SALT deductions as well as the passive activity loss (line 2m on F6251).&nbsp; Line 2m on F6251 flowed from the cap gain on our res property which amounted to $174K.&nbsp; Sales price of the rental was $232K less land of $39K and net depreciation including recapture of $19K for a gain of $174K.&nbsp; Is TT calculating this correctly?</P> Tue, 14 Oct 2025 20:00:51 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/alt-min-tax-triggered-with-sale-of-residential-rental/01/3707086#M126664 BayAreaMom 2025-10-14T20:00:51Z