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Office in home for a rental property?

Just-Lisa-Now-
Level 15
Level 15

Client is retired and owns an apartment building, this is his main source of income.  He manages it himself and being a retired contractor he handles the majority of repairs.  He keeps good records and has a designated office space for managing the apartment building.

I don't see a way to get the 8829 to connect to Sch E....is this something that I have to do manually then just insert the ending figure onto Sch E as Other Expenses?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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1 Solution

Accepted Solutions
IRonMaN
Level 15

I believe 8829s are only for schedule C use.  I think you are on the right track to do the manual calculations.


Slava Ukraini!

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4 Comments 4
IRonMaN
Level 15

I believe 8829s are only for schedule C use.  I think you are on the right track to do the manual calculations.


Slava Ukraini!
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Just-Lisa-Now-
Level 15
Level 15
that's what I figured but was hoping I was just overlooking something somewhere, thanks!

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Marc-TaxMan
Level 8
Does Client reside there also?  Or are we discussing a separate home with office from which he manages apartments?
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Just-Lisa-Now-
Level 15
Level 15
Its in a portion of his personal residence....he does not live in the apartment complex.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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