Husband and Wife filing jointly. Wife has K-1 from Skating business, Husband has K-1 from Skating Retail business, Both receive K-1 from joint business in two rental properties (neither are RE Professionals) and she has a Schedule E Vacation Rental. My question is, why aren't the passive losses from the K-1's on the two rental units (and carryforward rental losses) being netted with her Schedule E rental gain? The gain should wipe out the current rental losses and the carryforward losses. I use ProSeries Basic. It seems to me they should net out. Am I missing something? Thanks in Advance for assistance!