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

jeffwill — Tue, 04 Jun 2019 00:26:39 GMT

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.

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

Critter — Tue, 04 Jun 2019 00:26:41 GMT

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

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

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

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