About Rich_FL

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Solved Re: Material Participation to Recognize Rental Property Losses

So you made the change on the form itself? How do you get to the form to edit it within the software?

Rich_FL

1

Updated Apr 15, 2024
Solved Re: Material Participation to Recognize Rental Property Losses

@dbovillInteresting! Can you provide further details on the solution you mentioned?

Rich_FL

6

Updated Apr 15, 2024
Solved Re: Material Participation to Recognize Rental Property Losses

What I've come to realize over the last year since posting this thread is that no one will ever agree on what the right approach is.

Rich_FL

12

Updated Apr 15, 2024
Solved Re: Material Participation to Recognize Rental Property Losses

Thanks for that update!I did confirm that@Anonymous_was correct that it needs to be on Schedule E and not C.@Anonymous_I also acknowledge that there is disagree...

Rich_FL

1

Updated Apr 15, 2024
Solved Re: Material Participation to Recognize Rental Property Losses

****EDIT**** - DO NOT DO WHAT I SUGGESTED IN THIS POST*****@taxtime24What I figured out is that the depreciation needs to be recognized on Schedule C Under Busi...

Rich_FL

36

Updated Apr 15, 2024

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Date Registered	‎March 13, 2023 10:58 AM
Date Last Visited	‎April 15, 2024 8:10 PM
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