topic I have a K1 with Net rental estate income loss. TT gives me a deduction but adds 'Sale of Business Property' for the same amount it gave me a deduction. Any suggestions? in Investors & landlords

I have a K1 with Net rental estate income loss. TT gives me a deduction but adds 'Sale of Business Property' for the same amount it gave me a deduction. Any suggestions?

chinuai — Tue, 10 Mar 2026 05:07:02 GMT

My K1 has codes N, Z, AH in line 20(Part III of form 1065).
My K1 has Line 20AH 'Analysis of at risk versus not at risk liabilities', I am not sure how to enter this in TT.

Re: I have a K1 with Net rental estate income loss. TT gives me a deduction but adds 'Sale of Business Property' for the same amount it gave me a deduction.Any suggestions?

Anonymous_ — Mon, 20 Jun 2022 13:38:20 GMT

There must be an input error based solely on the lines you mentioned in your post.

Were there any other lines on your K-1 that were populated with figures?

Re: I have a K1 with Net rental estate income loss. TT gives me a deduction but adds 'Sale of Business Property' for the same amount it gave me a deduction.Any suggestions?

chinuai — Mon, 20 Jun 2022 14:46:38 GMT

My K1 has a distribution in line 13 with code K. This distribution is less than 5% of the loss in line 2, it is should have minimal effect.

In summary, K1 has the following lines

Line 2: Net rental estate loss

Line 13: Other deductions with code K

Line 20: with codes N, Z, AH

Re: I have a K1 with Net rental estate income loss. TT gives me a deduction but adds 'Sale of Business Property' for the same amount it gave me a deduction.Any suggestions?

Anonymous_ — Mon, 20 Jun 2022 14:59:48 GMT

Understood, but did you indicate that you disposed of all (or part) of your interest?

Re: I have a K1 with Net rental estate income loss. TT gives me a deduction but adds 'Sale of Business Property' for the same amount it gave me a deduction.Any suggestions?

chinuai — Mon, 20 Jun 2022 15:32:59 GMT

No, I did not. I just double checked again.

Re: I have a K1 with Net rental estate income loss. TT gives me a deduction but adds 'Sale of Business Property' for the same amount it gave me a deduction.Any suggestions?

Anonymous_ — Mon, 20 Jun 2022 15:32:42 GMT

You might want to contact Support for troubleshooting this issue.

What is the TurboTax phone number? (intuit.com)

Re: I have a K1 with Net rental estate income loss. TT gives me a deduction but adds 'Sale of Business Property' for the same amount it gave me a deduction.Any suggestions?

chinuai — Mon, 20 Jun 2022 15:33:37 GMT

Thanks!