Answered: IF A RENTAL PROPERTY WITH A LARGE SUSPENDED LOSS IS SOLD AT A LOSS, WILL THE SUSPENDED LOSSES BE RELEASED?

stef2 · ‎12-07-2019

sjrcpa · ‎12-07-2019

Yes if sold in a fully taxable transaction. This includes gain or loss upon sale.

The more I know, the more I don't know.

sjrcpa · ‎12-07-2019

Yes if sold in a fully taxable transaction. This includes gain or loss upon sale.

The more I know, the more I don't know.

IF A RENTAL PROPERTY WITH A LARGE SUSPENDED LOSS IS SOLD AT A LOSS, WILL THE SUSPENDED LOSSES BE RELEASED?