The Real Halloween
Level 7
06-23-2020
08:26 PM
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@George4Tacks thanks a lot your comments.
FYI, TP qualified more than 250 hours.
I got mixed up between aggregration and netting. The TP has a netting situation. Property A and B had net income but property C had a loss so TP needs to complete Sch C (not Sch B) of f8995-A.
Since all the 3 properties are rental real estate, I will combine all three into 1 rental real estate enterprise as per your comment. This is ok right?