Investors & landlords


@cc11jimmy wrote:

The same holds true if you own several properties and treat them each as separate activities for tax purposes.

 

However, many landlords with multiple properties elect to combine them as one activity for tax purposes.

 


It is unlikely that you "grouped" them for purposes of Passive Losses.  Assuming you did not do group them, each is separate and when one is sold, that loss is released.