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Sale of all business assets
I had a retail store under an LLC. I sold all the assets of the LLC in 2017 to another LLC at a loss. There is nothing in the LLC, no business or assets. Can I carry the loss forward to my 2018 return? All I ever see is loss carry forward information on investments, such as stocks, or an on-going business, etc., but can find nothing specifically for this scenario. Thanks in advance.
‎October 6, 2019
4:19 PM