Yes you are right, I didn't post all the details. And sometimes things didn't even happen the way my question might say because I'm just doing what-if scenarios, such as which year is best to sell a property.
Most important to this discussion: The LLC/partnership had a lot of negative combined rental income in 2020 due to Covid, and it was 2021 when it sold the building at a loss and also had a net operating loss.
It was during scenario planning of when to sell my primary residence which has a large capital gain, that I saw that those gains weren't being offset by the LLC capital losses. And now I'm seeing that more losses are going against current year income that I expected (and wanted unfortunately.)
