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Investors & landlords
@Curious One wrote:
.....I'll await your response and go from there. Thank you.
Note that @DianeW777 is an "Expert Alumni" and, as such, does not post here regularly (or at least has not posted here since April of this year).
As a result, you might want to start a new thread for your question (and issue).
Specifically, Section 1231 losses are ordinary losses and can be used to offset other types of income (but note that they must be netted against Section 1231 gains).
‎October 3, 2021
2:17 PM