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    Loss on sale of rental

    jzellman
    Level 1

    Client has a $5k loss on sale of rental.  Form 4797, Line 2(g) is zero.  Like the loss is disallowed.

     

    TY

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    1 Comment 1
    Just-Lisa-Now-
    Level 15
    Level 15
    Did you sell it using the asset entry worksheet? Did you mark the rental as Disposed on the Sch E worksheet Question H?

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪