dong_jason
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Thanks a lot. I also found this IRS document that gives a very detailed explaination.Passive Activity Loss Audit Technique Guide (irs.gov)
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Thanks for answering it so quickly.That is the tax law, not just a limitation of TurboTax, right? I would really appreciate if you can point out any reference t...
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I have a situation where I have a large suspended passive loss. Last year the property was sold. As the suspended loss is activated, it will bring my income so ...
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