Once I was using TT desktop, it was pretty simple. You have to go to into the forms mode on the Schedule E worksheet, and then you have to check the boxes for ‘...
@DianeW777, somewhat related question for you. I did a cost seg study on a property, and I’m inputting the various line items in TT - 5 Year items, 15 year item...
@Anonymous_@AmeliesUncleAppreciate y’all’s input on this. I’ll continue to research further. So if I end up considering my short term rental losses nonpassive, ...
@Anonymous_Thanks for the additional links, I’ll take a read through these.I’ve copied below a few links from CPA’s providing their interpretation, which clearl...
@Anonymous_No, I don’t use it for personal purposes.It’s not considered a ‘rental activity’.So the loss should be considered nonpassive. I’ve also discussed thi...
