Business & farm

AbrahamT · ‎April 10, 2023

If the rental real estate is a passive activity. See here for the qualifications

then the gain on from the Sch D will be considered a passive activity gain and will be offset by suspended passive losses which will show up on pg. 2 of your Schedule E. So, it won't show up twice. The gain will show up on Sch D and the loss will show up on Sch E and that's how they will offset each other.

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