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Thank you, Tax Guy Bill! No, it is putting the amount in the Part 1 Passive - but it was not Passive, and I had marked active.
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Thank you for all your ideas. I just loathe calling for PS help and wanted to try here first.It is way more efficient. Appreciate all your help!
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zero personal days. Its a duplex, and they live in one side. A long term rental.
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I agree. I am a CPA and saw the loss was not coming forward on the 1040. The 8252 is not applying it, and I have no reason for it not too. The activity is activ...
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Hello - same type of situation. I have a client with a 28k loss (several months not payment and a eviction and many repairs.) and only a 58k income - mine is st...
