What's confusing is one person says I can't claim section 179 on a rental - passive activity. Another says it's because I'm not claiming to be a real estate pro...
Ok. my comments below:The issue is that you claimed (or tried to claim) Section 179 for rental assets when you were not a real estate professional.So, you're sa...
KistD15/all,Thanks for a better understanding - rental - passive - single year 179 😄. So, yes its two rentals - so passive activity. I did claim Section 179 fo...
PatricaV,Thanks for your response. I could sure use your help. I have two rental properties, A and B, since 2010. In my 2023 return I had three form 4562s, one ...
