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Is there anything I can use on the loss of rentals in a business property?

riverwatch
Level 1

My client has 2 rentals where each one lost 4 rentals due to the Covid scare.

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2 Replies 2
qbteachmt
Level 15

If you have 2 rentals, you cannot lose 4 rentals.

You might want to clarify this, and change the wording to include Property or People. "Rental" makes no sense by itself. Thanks.

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Terry53029
Level 11
Level 11

Are you talking about taking lost income, you can't deduct something that was never taken as taxable income

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