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Investors & landlords
@Hal_Al I think it is questionable if they can be added to Basis. In the event they do, it probably requires an election.
Also, TurboTax won't do the Passive Loss Carryover unless it is treated as a rental property in the current year.
Also, TurboTax won't do the Passive Loss Carryover unless it is treated as a rental property in the current year.
‎June 6, 2019
7:07 AM