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Can disallowed passive losses be carried past the disposition of the rental home?
My ex-tenant has large rent arrears that I hope to get paid in the next year or two. I carry significant disallowed PAL. I am selling my only rental but would like to postpone using the disallowed PAL for when the tenant pays. Is there a way to do it?
More generally, how to treat/offset future rental income that is received after the rental has been sold? Is there a way to offset it with the losses incurred during the tenancy? And similarly, is there a way to deduct expenses that are associated with the rental but take place after the rental is sold?
‎December 25, 2022
9:56 AM