I have a long term capital loss from stock sales. I sold some real estate property that I owned for more than 4 years. Does my carryover loss apply to gains here?

[mwcondry]

Loss carryover much larger than gains for property

[MaryK4 · Accepted solution]

Yes, your capital loss carryover can be applied to your gain, but only $3,000 per year can be applied every year until it is used up.

[mwcondry]

Thanks. It was not clear that capital gain/loss from stocks would carryover to that from property.  That is good.