A client sold one of the rental properties in his LLC. Lots of repairs prior to sale creating a large loss. Also, a suspended loss carryover of $10K. The gain on the sale was significantly more than the rental loss. On Lacerte Is making a direct entry on the 540 Schedule CA the only way to get the rental loss and suspended loss carryover recognized on the CA return? Many thanks
23-Apr-2021 10:21am
