puravidapto
Level 7

Besides rental property, are there other examples as passive capital gains?

Suppose there are not rental loss carryover, one rental has 3000 loss, another rental has a capital gain 1000 (suppose no rental loss on second rental for simplicity), what needs to be reported are:

capital gain 1000
rental loss allowed 1000
remaining rental loss 2000 carryover (suppose income is more than 150k)

Is this right? Thanks. 

--
Click this link to vote. Like many good things in life, we have to fight for them.
0 Cheers