Investors & landlords

1. The passive loss shown by TT in 2017 is very high (139K) Line 3b of Form 8582 . It is probably wrong but TT does not show how that number was arrived at.

2. The partnership incurred losses earlier too and the accumulated losses carried forward till 2017 was in excess of 150K; consequently, it did not affect taxation as a whole.

3As I wrote, I exited the partnership in 2023 at a loss (in relation to my capital)

Do let me know your views and advise. Thanks.