cgroubertcpa
Level 1

No one has answered the question.  It is clear that a taxpayer is allowed to group an active activity (like a dental practice) with a rental activity (by definition passive) as long as certain criteria are met - making the grouped activities an appropriate economic unit.  For example the taxpayer owns a dental practice as an s-corp.  The same taxpayer owns a rental property.  The only tenant, of the rental property is the dental practice.  Proseries should allow the dental practice and the rental property to be grouped as one economic activity.  The loss from the rental property should be allowed against the gains from the dental practice.  

It does not appear that Proseries has a way to link these activities so that the rental loss can be used against the dental practice income.

 

 

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