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Investors & landlords
@aysoref here's another issue you may create by potting general expenses on page 1 of the 1065. These would be passive losses. However, they are not identified as being related to rental real estate. Thus these losses would be suspended until there is passive income. As I have stated in the previous post, these are related to the rental activities of the partnership and should be reflected as such on the 1065 not page 1.
‎December 13, 2023
5:19 PM