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Deductions & credits
Perhaps I should have added:
- The property is not my primary residence.
- I've never lived there.
- The only time spent there was to repair and improve so I can lease it out.
It's my understanding that if the property is going to be leased out, is not a primary residence, that I've never benefited from its use as a home then ther I could carry forward the losses and capital improvements.
Does that change the outcome?
Thank you.
‎April 17, 2024
1:30 PM