Rental treated as one activity

[Donanita]

What are the advantages of treating several rental properties as one activity vs the disadvantages

[Gretel]

What are the advantages of treating several rental properties as one activity vs the disadvantages

I only know one each.

Advantage: Easier to fulfill the material participation test.

Disadvantage: All losses are locked in until last piece of properties is sold.

[Donanita]

Disadvantage: All losses are locked in until last piece of properties is sold.[/QUOTE]

So gains are not netted against the losses until the properties ard sold.
Client has some gains & some losses. Total number of rentals is 12

[Gretel]

Disadvantage: All losses are locked in until last piece of properties is sold.

So gains are not netted against the losses until the properties ard sold.
Client has some gains & some losses. Total number of rentals is 12[/QUOTE]

The losses I was talking about are losses that are available only upon sale of a property. Current year losses/gains are not effected.