codaacct
Level 2
04-19-2020
02:30 PM
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Solved! Go to Solution.
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itonewbie
Level 15
04-19-2020
05:44 PM
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It is not possible for you to make that election from clearing diagnostics.
To make or remove the election, you need to go into each of your rental properties and enter or remove the number you assign for Rental real estate enterprise number if claiming safe harbor and/or Aggregate business number on the Qual. Bus. Inc. Deduction tab.
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codaacct
Level 2
04-19-2020
06:32 PM
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I was able to find it under Other -> Elections then selecting on the upper right hand side of the screen "Misc. Elections". I then un-checked the box next to "Treat all rental real estate interests as a single activity [469(c)(7)(A)]"
itonewbie
Level 15
04-19-2020
06:39 PM
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That's a different election for real estate professionals with rental real estate businesses.
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Still an AllStar
Still an AllStar
