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I have put 1 8 , 5 0 0 ; 2 1 , 5 0 0 ; 1 8 , 0 0 0 ; 2

I have put 18,500; 21,500; 18,000; 20,000 all as the rental income on Schedule E and none of them are correct. Please help.
Theodore E. Lariat is a single taxpayer born on September 22,1975. He was appointed the new coach of the Nashville Country Stars soccer team in January 2023. His address, Social Security number, and wages are reported on his Form W-2(see separate tab).
Theodore was previously the coach at a different soccer club in a different state. He sold his previous home before moving to Nashville (see 1099-S below). His only selling expense was sales commissions of $27,790. His basis in the home was $400,000. Theodore purchased his previous home on January 5,2022, and sold it on January 6,2023. Obviously, he would not have sold the home if it were not for the new job. He is currently renting the home he lives in.
CORRECTED (if checked)
FILER'S name, street address, city or town, state or province, country, ZIP or foreign postal code, and telephone number
Troy Title and Escrow, Inc.
40700 Woodward Ave #150
Bloomfield Hills, MI 483041 Date of closing
01/06/2023 OMB No.1545-0997
Form 1099-S
(Rev. January 2022) Proceeds From Real Estate Transactions
2 Gross proceeds
$ 555,790.00 For calendar year
2023
FILER'S TIN TRANSFEROR'S TIN 3 Address (including city, state, and ZIP code) or legal description
8383 Livernois Rd, Troy, MI 48083 Copy B
For Transferor
This is important tax information and is being furnished to the IRS. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this item is required to be reported and the IRS determines that it has not been reported.
45-1331787775-89-9532
TRANSFERORS name
Theodore E. Lariat
Street address (including apt. no.)
140 Whitsett Rd.
City or town, state or province, country, and ZIP or foreign postal code
Nashville, TN 37210
4 Transferor received or will receive property or services as part of the consideration (if checked)......................
5 If checked, transferor is a foreign person (nonresident alien, foreign partnership, foreign estate, or foreign trust)...........
Account number (see instructions)6
$ Buyer's part of real estate tax
Form 1099-S (Rev.1-2022)(keep for your records) www.irs.gov/Form1099S Department of the Treasury - Internal Revenue Service
Theodore was welcomed back to the Nashville area as he was formerly a star player on the Country Stars team. During his playing time, he had purchased a modest home in Nashville but did not sell it, instead choosing to rent the home over the years. His rental home is located at 2300 Bransford Ave., Nashville, TN 37204 and was rented all year to his tenant. The tenant occupied the home on January 1,2023, and pays rent of $1,500 per month for each month of 2023(the lease is a two-year lease); however, Theodore required first and last months rent and a security deposit of $500 and all were paid on January 1,2023. Theodores rental expenses for the year are:
Mortgage interest $16,000
Real estate taxes 10,000
Insurance 3,000
Depreciation (fully depreciated)0
Repairs 1,000
Lawn and other maintenance 3,000
Now that Theodore is back in Nashville, he actively manages the rental home. He probably spends about ten hours per month on the rental.
Theodore received a 1099-B from his broker (see separate tab).
Required:
Complete Theodores federal tax return for 2023. Determine if Form 8949 and Schedule D are required. If so, use those forms and Form 1040, Schedule E (page 1 only), and Form 8582(page 1 only) to complete this tax return. Do not complete Form 4562 for reporting depreciation.
Assume the taxpayer had health coverage for the entire year.
The taxpayer does not want to contribute to the presidential election campaign.
If an amount box does not require an entry or the answer is zero, enter "0".
Do not round any percentages.
If required, round your answers to the nearest dollar.
If required, enter a "loss" as a negative number on the tax form. Do not enter deductions as negative numbers.
Special instructions for Form 8582: If required, use the minus sign to enter a "loss" as a negative number on the lines 1d,3 and 11. However, per the instructions on the tax return, enter all numbers in Part II as positive amounts.

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