Al117
New Member

Investors & landlords

Basically, where do I enter the first year of requesting up to $3k capital loss on 2023 TT  home and bus to offset against any long term capital gains? The investment has been for many years and I don't have any new documentation or any expectation of receiving any documentation in future inc a K1.  None of the options on TT support first year of entry for a limited (passive) partner. Step by step instruction would be appreciated. This info would approximate to amount listed as "basis" on Form 8949 Part II column h and also on Schedule D lines 10& 15. And $3000 entry for line 21. Yes I went and printed these forms in frustration.