rbynaker
Level 13
03-22-2021
11:58 AM
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This is not my usual wheelhouse . . . was the Partnership reporting separate activities (on the 1065 K-1s as supplemental information)? If we're just brainstorming, maybe one partnerships owns 4 properties and reports them all as separate activities to the partners. Last year, if one of the activities was disposed of in a fully taxable transaction, wouldn't that release the suspended passive losses related to that one activity?