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Investors & landlords
ok, I re-read the response provided to my question. So since I'm not actively involved in the LP, the passive losses should offset my passive gains I would think (in this case, interest income on the K1). Turbotax is only including the interest income on my overall taxable income and doing nothing with the loss from what I can tell.
Any ideas?
‎April 25, 2025
1:13 PM