KrisD15
Expert Alumni

Investors & landlords

To clarify, I assume the suspended loss was applied to the sale. 

Assuming you had Depreciation Recapture and more than likely Capital Gain. 

 

If the sale was in 2022, yes apply the loss. 

Go to the Rental Properties and Royalties section 

Continue and select Edit for the property

Select Property Profile

Continue to the "Do Any of These Situations Apply to This Property?" screen

You should have marked "Sold"

Also select "I have passive activity real estate loss" on that same screen

 

 

 

 

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