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Investors & landlords
OK, but my concern is that it now lists this enterprise as a Qualified Business and my income as QBI. I have no income (it's a loss for 2018), but the fact that it's listed as QBI--does that do something to the carry-forward amount of my loss? Do I lose the passive loss carry-forward until I actually sell the property? It seems there's something regarding this that I read about.
I really do appreciate your taking the time to educate this stranger, Carl.
Sally
I really do appreciate your taking the time to educate this stranger, Carl.
Sally
‎June 3, 2019
5:30 PM