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Investors & landlords
It's a passthrough entity (partnership) and the entity has sold the property. Are you saying the losses must be carried until the entity is dissolved or has a capital gain? That doesn't make sense because then it's not a passthrough entity. And TT is applying some of the losses to my ordinary income. I just don't have much to apply it to other than the gain from the sale of my home.
‎October 12, 2021
7:46 PM