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Deductions & credits
@Carl - Sorry, no, this was not a flat out sold property. It was exchanged, which is why it's complicated.
The question I had was very specific to 1031 exchanged property when the old carryover passive activity loss came from old property to the new property. I was surprised to see TurboTax didn't combine it and I want to know how to get those combined.
What you were explaining is a very different case, and does not involve 1031 exchange transfer of loss and/or gain.
May 11, 2021
11:53 PM