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Investors & landlords
Capital loss carryovers if no capital gains to offset must apply $3,000 each year to offset ordinary income. Carry overs cannot skip a year or they will be forfeited. Is that what you mean by "using up"?
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 6, 2019
6:38 AM