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nanafor6
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Are Section 179 expenses carried forward deductible in final year of passive activity partnership?

Can I deduct Section 179 expenses on a passive activity?
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Are Section 179 expenses carried forward deductible in final year of passive activity partnership?

Suspended passive activity losses are released when you dispose of your entire interest in a taxable transaction.

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Are Section 179 expenses carried forward deductible in final year of passive activity partnership?

Suspended passive activity losses are released when you dispose of your entire interest in a taxable transaction.

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