Yes I've read parts of it and planning to read the rest later this week.Yes, my understanding on the property aggregation is that TurboTax will add the election...
This is more for the searchability for others in the community as I haven't found the information on TT before. Thought it'd be helpful to clarify and provide r...
Yes I don't plan to dispose of my rentals soon and I'm near the top tax bracket. Wanted to clarify it is PALs carried over from prior year"s" too right?
Yes I understand material participation, 750 hours, 50% of business/trade time, etc. for the IRS definition. But still want to know if I can then start deductin...
A rental activity is a passive activity even if you materially participated in that activity, unless you materially participated as a real estate professional.h...
