ira
Level 2

Taxpayer is in a real estate partnership.  He is in NY.  The property in VA.

The federal k-1 shows a 1k loss

The NY k-1 shows 100% allocation of the loss to NY.

The VA k-1 shows the 1k loss as well.

Should i be filing a VA k-1 to reflect the passive loss; not even sure how VA handles passive losses.

 

ty!

 

 

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