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Suspended passive losses from Rental Property A and current passive losses from Rental Property A and Passive K-1 Activity B are not being released with the sale of Rental Property C


@nomad6 wrote:

Do I tick the “sold” checkbox on all of them even though only one sold?


 

No.

 

I'm not sure how it shows up in TurboTax, but does the "sold" box say something about a complete taxable disposition?  I use the professional version and it is box "H", but I'm not sure how it shows up in TurboTax.

 

Double check that the losses are not being released.

 

For the sold property, did you somehow indicate it is was NOT a Passive Activity this year (check if the "other passive exceptions" box is checked on the Schedule E worksheet)?

Suspended passive losses from Rental Property A and current passive losses from Rental Property A and Passive K-1 Activity B are not being released with the sale of Rental Property C

 
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