Thank you for the quick response, but you totally answered the wrong question. I thought I had attached my email to a string with the same problem, which is why...
So, in the property sale year you can deduct passive losses from years that are prior to years available for amending?Passive losses never reported due to 1040X...
IRS Publication 551, page 10, explains how to calculate the gain/loss.Nowhere does it say the answer is "no gain"I don't see that in Pub 544 page 4 either.
