I have a follow-up question. It was agreed that an Estate selling a home will have a capital loss on the sale equal to the selling costs, which include commission paid to the selling and buying agents and tend to be large. In my case, the selling costs were $78,000.
My question now is: Can the Estate’s capital losses be passed through to beneficiaries of the Estate, so that the beneficiaries can carry the losses forward indefinitely and use them to offset gains?
