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IRS source of information is: Pub 657 and ATG, IRS Training Guide for Passive Activity, is Loss & Techniques Guide Passive Activity Loss. This is the way the qu...
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PLEASE CHECK IRS FOR RENTALS:PASSIVE ACTIVITY LIMITS REALTORS.HAVE YOU LOOK AT SCH E FORM FOR 1040 LATELY.IRS OBM NUMBER 1545-0074 SCH E INSTRUCTIONS.CHANGED IN...
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According to IRS A real estate AGENT HAS TO PROVE HE/SHE DID HAS 750 HOURS OR 500 INDIVIDUAL HOURS to determine whether a rental is a passive or non passive inc...
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client came in gave me form as it was in the mail from FTB. So problem solved. Thank you for your time.
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CLIENTS NEED FTB FORM, FTB 7250B ENS, RESPOND TO UNABLE TO PROCESS DOCUMENTS LETTER. ANYONE KNOWS ANYTHING ABOUT IT?