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Investors & landlords
I agree sitting down with a local tax professional is the right thing to do if you don't understand what's happening yourself.
Also the passive losses that are quote evaporating are truly not evaporating. Review the return again and notice that the passive losses were released and it produced an nol which now will carry forward... So it is not lost it's simply converted.
‎August 3, 2020
10:01 AM
862 Views