Babak
Level 3
03-30-2021
04:48 PM
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I'm trying to report a sale of an investment property (never rented out, never lived in it, never depreciated) at loss but whatever I do, the loss doesn't show up in 1040. I'm using Schedule D/4797. They have passive income too. How should I do it so they can deduct a portion of almost $23k loss?
Thanks
Best Answer Click here
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