RobertB4444
Expert Alumni

Investors & landlords

@Critter-3 is right.  In order to take the suspended passive losses you need to have a complete disposition of a passive activity.  In your case you don't have that.  I would have advised you to take the suspended losses in the year that you converted the house to personal use if you were never going to convert it back so if you can amend that return then you should do so.  If you can't then the suspended losses are suspended until you have a disposition to bring them back in.

 

@Frank666 

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