stewy
Returning Member

Investors & landlords

Ooops, sorry for my alarm. I had not confirmed that. Thanks, I think I'm understanding now.

 

The losses appear to be "allowed". They are getting subtracted each year from the other properties gains, so of course they aren't carried forward. I looked into this further and it's likely because some years ago I must have elected somehow to combine the properties and/or that I actively participate.

 

I'll assume this is right unless you tell me otherwise but until then: Thanks for setting me straight!