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Investors & landlords
based on the example numbers you provided, the short term numbers are netted against each other, so that is $25,000 of net short term gain (net the $80k and the $55k together) and then there is the $10,000 long term gain.
there are no 'carry over' losses so the $3,000 loss limit does not have any impact in this situation.
‎December 16, 2020
8:18 PM
1,638 Views