About BuddyonTT

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Solved Re: Schedule E passive losses erroneously offset my capital gains

yes. THE SMALL CASH BOOT WAS AT CLOSING AND PAID BY THE QI.

BuddyonTT

1

Updated Mar 13, 2023
Solved Re: passive losses to offset capitol gains

@MonikaK1,Thanks for you help.Can you tell me why TT treats rental gains and losses separately from other passive (DST'S) gains and losses.My LTCG was in fact a...

BuddyonTT

1

Updated Mar 13, 2023
Solved Re: passive losses to offset capitol gains

I SEE. The LTCG has to come from a taxable transaction, and the boot from a 1031 exchange is not FULLY taxable. My bad.

BuddyonTT

2

Updated Mar 13, 2023
Solved Re: Schedule E passive losses erroneously offset my capital gains

I have the exact opposite happening. looking for why my passive real estate losses do not offset a small capital gain out of a 1031 exchange.help please @Robert...

BuddyonTT

4

Updated Mar 13, 2023

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Date Registered	‎June 18, 2020 7:04 PM
Date Last Visited	‎September 18, 2023 5:08 PM
Total Messages Posted	6

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