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Investors & landlords
1) Yes, you need to include the passive loss each year.
2) It seems extremely unlikely there will be no income or loss for a year. But in the unlikely event that happens (all numbered boxed on the K-1 or blank/zero), you don't need to enter the K-1 in the software.
‎December 13, 2024
11:58 AM
27,042 Views