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IF A RENTAL PROPERTY WITH A LARGE SUSPENDED LOSS IS SOLD AT A LOSS, WILL THE SUSPENDED LOSSES BE RELEASED?

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Level 1
last updated ‎December 07, 2019 10:01 AM
 
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Level 14
last updated ‎December 07, 2019 10:01 AM

Yes if sold in a fully taxable transaction. This includes gain or loss upon sale.


ex-AllStar

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Highlighted
Level 14
last updated ‎December 07, 2019 10:01 AM

Yes if sold in a fully taxable transaction. This includes gain or loss upon sale.


ex-AllStar

View solution in original post

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