Welcome back! Ask questions, get answers, and join our large community of tax professionals.
Showing results for 
Search instead for 
Did you mean: 

loss on a rental property

Level 1

There is a loss on a rental property and does not see the loss shown on the 1040.  Please advise 



Labels (1)
0 Cheers
4 Replies 4
Level 15

There are some income limitations involved in those kind of things.  Did you check to make sure your client didn't exceed it?

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.
Level 15

".. does not see" on F 1040.

What about on the F 8582?

Former Chump... umm.... AllStar.
If a post answers your question, click on *Accept as solution* for future searches
Level 10

Lookup turbotax.com. This space is for tax professionals. 

** I'm still a champion... of the world! Even without The Lounge.
Level 8

Are you certain you have checked the box for Active Participation if it applies?