tctxldy
Level 3
04-28-2022
06:28 PM
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So your saying the rental loss is going against the ordinary income not against the capital gain. The gain stands alone for the calculation. I hadn't rolled it around that way. I assumed the Rental Loss would go against the Capital Gain not the ordinary income. Interesting... this is why I asked the Great Minds. Thank you so much for the clarification. I will sleep tonight.