I believe it’s the the personal use rule that is the issue here. When personal use exceeds the 14 day threshold the property is considered a residence and the i...
Yup. Checked that. Personal use won. It was a outlier year because we used the place more during COVID. Others are correct, it all gets caught on the personal r...
Accountant is right. You might have misread my question. We used it for personal use for 4 WEEKS. That is, 28 days. So, the K-1s that are issued to each of use ...
Yup, I have to manually enter the data. It doesn't carry forward the accumulated depreciation. That's why the balance sheet went wacko. Once I figured that out ...
