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posted Jun 3, 2019 5:26:39 PM

When selling 1 of 5 rental properties, are all prior disallowed passive losses released, or only those disallowed losses attributed to the property sold?

I have 5 rentals, each its own activity for passive income/loss purposes.  There are $25,000 in prior year disallowed losses from all 5 combined.  I sold 1 of the rentals.

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1 Replies
Level 15
Jun 3, 2019 5:26:41 PM

Only the ones for that rental are released when you sell it.