Investors & landlords


@markallred wrote:

What is the answer to this question? This is my exact situation. I have suspended passive activity losses on Property B that I have never received a benefit on. I have taxable income on Property A. How can I net my passive activity loss carryforwards from Property B against my taxable income from Property A?


 

Was one property converted to personal use, like the original question?

 

If not, assuming you enter all of the information that the program, the program will do it automatically.