micwebnet
Level 2
Member profile
- Replies
- Posts
-
I'm yet to find anyone showing how to do partial asset disposition in TurboTax. The common reply seems to not understand the concept of asset segregation and it...
-
Partial Asset Disposition is covered well here:https://www.thebalancemoney.com/partial-dispositions-3192873. Roof is the example they use. From the article:What...
-
Ok, I think I figured this out. Starting from 2020, for mixed-user rentals, TT lets you propagate Interest/Taxes/Other expenses in SchE column C through Sch1 to...
-
Actually, I don't think this is QBID specific. Even if I say the activity isn't QBI, TT2020-22 will still for mixed-use property propagate losses from line 21 t...
-
Debugged this some more. Regular rental property losses are not propagated to QBI (checked for TT 2018-22) - i.e. line 4a in QBID Smart Worksheet is zero. Soon ...
Activity Feed for micwebnet
- Got Cheered for Re: Rental roof partial disposition. January 1, 2025 4:25 PM
- Posted Re: Segregating and disposing of partially replaced rental asset. on Get your taxes done using TurboTax. April 11, 2024 5:38 PM
- Posted Re: Rental roof partial disposition on Investors & landlords. April 11, 2024 5:34 PM
- Posted Re: Mixed-use rental property passive losses pass through [removed: as QBID] to Sch1 and then 1040 and offset *active* income. Why? on Investors & landlords. October 21, 2023 11:41 AM
- Posted Re: Mixed-use rental property passive losses pass through as QBID to Sch1 and then 1040 and offset *active* income. Why? on Investors & landlords. October 21, 2023 9:49 AM
- Posted Re: Mixed-use rental property passive losses pass through as QBID to Sch1 and then 1040 and offset *active* income. Why? on Investors & landlords. October 19, 2023 2:57 PM
- Posted Re: Mixed-use rental property passive losses pass through as QBID to Sch1 and then 1040 and offset *active* income. Why? on Investors & landlords. October 18, 2023 1:01 PM
- Posted Mixed-use rental property passive losses pass through as QBID to Sch1 and then 1040 and offset *active* income. Why? on Investors & landlords. October 17, 2023 6:31 PM