Short Term Rental input to restrict losses

[aroun]

In the event you have a rental that has average rental days of less than 7, the losses will not be allowed. They carryforward. If I input the property as a short term rental and still have a loss, the schedule is allowing the loss. What input is necessary to restrict that loss? In this case there are no services provided and thereby is being reported on the Schedule E.

[qbteachmt]

You are already being helped where you first asked:

https://proconnect.intuit.com/community/lacerte-sdk-group/short-term-rental-data-entry/gpm-p/229721

No need to keep starting the same topic.

Did you use google search:

lacerte schedule e

https://proconnect.intuit.com/support/en-us/help-article/federal-taxes/enter-vacation-home-schedule-...

[aroun]

They were not able to solve the issue and that is the wrong place to ask the question according to the responses. In addition, the link you provided is related to vacation home expenses. That is not truly tied to the problem I an experiencing.

[qbteachmt]

You stated it was less than 7 days. Are you describing 7 days in the year, or 7 days at a time, such as, AirBnB?

[qbteachmt]

If you do that google search, you find other results, too. Did you do so, and follow the links to articles? Here's another:

https://proconnect.intuit.com/support/en-us/help-article/federal-taxes/entering-rental-royalty-incom...

[aroun]

Yes, average rental period of less than 7 days although rented for 150+ during the year. 

[aroun]

Yes, this is the kind of guidance I have gotten previously from the Lacerte help line, which doesn't really address my issue.