abctax55
Level 15
02-23-2021
01:58 PM
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CA does NOT allow more than the $ 25000. CA treats (as my link showed) all rental losses as passive, unlike the IRS, even with active/material/R.E. Pro classification.
IF you got Lacerte to take more in 2019, you may need to amend the return.
"*******Tax software is no substitute for a professional tax preparer*******
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