In 2021, I had two rental properties (A and B). Property A was taken out of rental service in late 2021 and my entire interest in Property A was sold to a non-relative in 2022 for a gain. Property A was not rented at all in 2022, the year of sale (unoccupied). As a rental property, Property A generated suspended losses for several years.
As I understand it, Property A became a former passive activity in 2021 when it was removed from rental service. Am I correct in thinking the 2022 Form 8582 should not contain any entries related to Property A since it is no longer a passive activity? If that's the case, on what form should I report the suspended losses that have accumulated (line 22, Schedule E, with no other rental income or expenses?)
Your help is very much appreciated.
