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Business & farm
Isabella: I had a loss in 2106 and 2107 is doing a Passive Loss based on that loss. I do not want to use the 2016 loss. Further it is my understanding that the Passive Activity Loss is not applicable for one who is active in the business and the business is a trade as opposed to real Estate.
Thanks
Thanks
‎June 6, 2019
1:34 PM