nbl17
Returning Member

Investors & landlords

Thanks for re-activating this thread as I just had some questions regarding this subject.

 

In Year 1, I had $6,000 in losses, used $3,000 and carried over $3,000.

In Year 2, I had $3,800 in losses, used $3,000 and carried over $800 (Cumulative carryover $3,800).

In Year 3, another $9,000 in losses, used $3,000, carried over $6,000 (Cumulative carryover $9,800).

In Year 4, I had $8,000 in gains.  Can I offset all $8,000 and still have $1,800 to carryover to year 5?

 

Thanks!