prior year installment sale generating error #15484 Rental Property #1 US address is missing or incomplete

Forum|Forum|5 years ago
June 13, 2021
1 reply
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I have 5 rental properties on a 1065 return. Entered all the information. No errors. Added the interest income from an installment sale. No errors. Entered $175 as current year principal payments on a prior year installment sale (dispositions tab) and this message generates. And of course I can't e-file with this error message. I remove the $175 and the error goes away. It also generates an extra empty column as the first column on my 8825. Which if I remove the $175 principal payment, then this extra column goes away too!!

error #15484 Rental Property #1 US address is missing or incomplete

Lacerte Tax

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Best answer by George4Tacks

This sounds as if the input in the dispositions tab is somehow linked to a passive activity that is gone. Look at the entries for Form 4797. About midway down is "If disposition applies to rental, enter rental number...." do you have a number like #1 there? If so, remove it.

George4TacksAnswer

Level 15

This sounds as if the input in the dispositions tab is somehow linked to a passive activity that is gone. Look at the entries for Form 4797. About midway down is "If disposition applies to rental, enter rental number...." do you have a number like #1 there? If so, remove it.

Answers are easy. Questions are hard!

R

riamillsAuthor

Level 2

Thank you!!

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