I'm about to sell on rental property that has grouped into other rental holding in tax returns. They had passive loss for many years that I didn't even carry them over since they are as long as 10 years ago. How do I capture them? Do I manually add them up and report it? And do I have to sell them all in the same year as their are the "entire interest" as I read. Can I realize the entire "loss" when I sell the last property in other year and get refund from the first ones from other tax years? I still have tons of questions about depreciation recapture tax. But first of all, is there anyway to write it off in any portion at all?
