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Level 1
May 17, 2021
Question

electing Regs Sec 1.469-9 to combine real estate activities as one in proseries basic

  • May 17, 2021
  • 1 reply
  • 8 views

Can this be done in basic?

If not, can I use pay-per-return for one client in professional.  Will I have to use a separate computer to load the professional software so it doesn't clash with basic?  How much would one return be with a state using pay-per-return in professional?

Thank you,

Linda

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1 reply

IntuitAngela_13
Level 6
May 17, 2021

Hi Linda,

ProSeries does not have a specific feature to combine real estate activities.

You may find this post helpful, where some of our Community Experts have provided some suggestions on this topic: https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/quadruplex-unit-as-one-schedule-e/00/104698

 

- Angela