TaxGuyBill
Level 15

299 rental days and they only received $17,000 for that type of property?  Is it being rented at Fair Market Value?  Something seems fishy to have come up with a loss of $116,000.

And  just to confirm, that supposed $116,000 loss is only from this one year?

And please confirm my other question about it being back-and-forth between rental and personal use, versus just being converted to 100% rental or personal use.