Thanks for all the responses. I agree with @Mike9241 that it doesn't matter much in my case as this is the last year.But I was just wondering how TurboTax uses ...
Thanks for the clarification. If I understand you correctly, distribution of activity interest is re-titling the rental property in the name of the beneficiary....
tagteam,I understand your reply that as a rule, passive losses remain within the trusts.But you said that "If the trusts distribute the passive activity itself,...
