- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
As Hackinoff pointed out, the Passive Loss Carryover does NOT change the gain on Form 4797. It is a direct deduction on Schedule E.
If it is not showing up on Schedule E, go to the introductory part of the rental section and indicate it was sold.
‎July 23, 2020
1:13 PM