azkl
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 1
		
	
				
		
	
		
			
    
	
		
		
		07-04-2023
	
		
		05:00 AM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
			- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
We report the rental and its loss of a rental proeprty in DC on schedule E of 1040 (not schedule C as business income). Do we still need to file Business Franchies Tax Return Form D-30? If so, expenese on schedule E e.g. managemenrt fee, insurance, mortgage interest, property tax etc. can also be claimed as deductions on Form D-30?
Also, is balance sheet (shcedule I) mandatory since there is no balance sheet on federal 1040?
Thank you.
Andrew
		
			
				
						
							Labels