Sale of all business assets

[Gabby702]

I had a retail store under an LLC.  I sold all the assets of the LLC in 2017 to another LLC at a loss.  There is nothing in the LLC, no business or assets.  Can I carry the loss forward to my 2018 return?  All I ever see is loss carry forward information on investments, such as stocks, or an on-going business, etc., but can find nothing specifically for this scenario.  Thanks in advance.

[Hi Palms]

you can carry the loss forward but there may be different types....capital or ordinary loss.....depends on the assets you sold.

[Gabby702]

Thanks for the reply.  I sold everything....furniture, fixtures, inventory, leasehold improvements... and I had been in business for over 3 years.