Terry53029
Level 15
Level 15

Thanks @TaxGuyBill, but If you are not a real estate professional the only way to change the income/loss reported on line 2 of the K1 as non-passive is to override the schedule E page 2. I have a couple of clients that have short term rentals, and I fill out schedule C for them (they do have to pay se tax) which is why I suggested the issuer could put the loss on line 1