@Critter-3allow me to revise the question.I've been electing my three rental properties as a qualified business, but I typically operate at a loss and therefore...
@Critter-3can you elaborate on your answer? The QBI Loss was generated in previous years on the same rental property that is now being sold. How can these losse...
@Mike9241Mike, thank you so much for the reply, it was very helpful. I got confused when TT used my QBI loss to calculate AGI, but I guess that can be put aside...
It looks like TT brought over the QBI loss of -$15,727 under form 8995 Qualified Business Income Deduction Simplified Computation (using the 'Forms View' for th...
@CritterShould I continue to treat the loss as a NOL even though last year's losses were considered QBI losses from rental real estate?Last year, I elected to t...
