CAN YOU FREE UP SUSPENDED PASSIVE LOSSES IN A YEAR YOU DISPOSE OF THE RENTAL ACTIVITY IN A PARTNERSHIP BUT STILL OWN AN INTEREST IN THE PARTNERSHIP THAT ONLY HAS CASH IN
CAN SUSPENDED LOSSES IN FROM A PARTNERSHIP BE FREED UP WHEN THE PARTNERSHIP SELLS ALL THE REAL ESTATE AND ONLY HAS CASH AND YOU ARE STILL A PARTNER GOING FORWARD?
Was there "a complete disposition of the rental activity?" Does the partnership have other rental properties, and are they separate from the sold one?
** I'm still a champion... of the world! Even without The Lounge.
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