Why Does Schedule E Report Lump Some Properties Together?

Royalg
Royalg Quicken Windows Subscription Member

I've used Quicken Windows Business & Personal (version R65.29) to manage 7 rental properties for three years. The Schedule E report always combines the results for each tax line item for three of the properties together at the start of the report and then correctly separates the tax items for each of the other 4 properties into separate subsections of the report. I've gotten around this glitch by creating a separate Schedule E report for each property by selecting only that property tag, but would rather have Quicken create one report with tax lines for each property broken out separately.

Quicken support has walked me through the set-up for each property as well as the categories and tags for the transactions without finding a cause for this behavior. Any ideas for anything else to check?

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Comments

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Are there differing tags on each of the 7 properties? Could it be that 3 have the same (or no) tag and the others have differing tags?

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Royalg
    Royalg Quicken Windows Subscription Member

    Each property has its own unique tag. I've uploaded a couple of screenshots from the report showing this. The first shows a portion of the first part of the report where the three properties are lumped together and you can see the tags for each of the three properties. Note that no property name shows up in parentheses next to the report line-item title (Rents Received). The second clip is from further down in the report where the other four properties are correctly separated out by the tag, and the property name (Kiowa) is listed next to the line-item title.