I'm doing my taxes by hand this year and I have two rental properties, both put in use in 2015. I found this examples on the IRS website:
https://www.irs.gov/publications/p527/ch03.html which if you read the example at the very bottom of the page, you'll find an individual who had a tax loss on a rental property and was
not required to file form 4562.
I'm still planning on filing one anyway, since I'm only filling out two lines on it (line 19h). Am I right in thinking that my rental properties do not require anything in Parts I, II, V, and VI?
Also, line 22 on schedule E (loss or gain from properties) I'm guessing will be the same as line 21 (deductible real estate loss). I don't think there is any limits to my deduction since my income is not above 100K. Any thoughts?
Thanks in advance. I've researched for at least an hour on this but found nothing definitive.