@Kay9 wrote:
- but why did it also reduce my passive loss carryovers, not only for the sold condo but by large amounts for the other unsold condos too. I would think the unsold condos will just get the additional special allowancess upto 25K?
Passive losses can offset Passive gain. So when you sold the condo, you then had some Passive gain for the losses to be used against.
