I had the same problem when I sold my property in Hawaii.TT does not create or handle NOLI had to hire a Hawaii CPA to do my taxes and she was able to do everyt...
it cut out the first part of my question which was if I have capital loss carryovers which are reduced by the capital gain selling the condo, why is the passive...
Thank you Amy for the last two posts - you've clarified a couple questions I had in mind too.One question which so far no one has been able to answer for me:1) ...
You have to add all the depreciation you've taken so far and enter that number (recap the depreciation used).We had to use a CPA to do our taxes when we sold a ...
I did try to understand what was going on, but worksheet 4 is the one I can't figure out - how it takes the losses and uses the ratios to come up with unallowed...