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

    stef2
    Level 1
    ‎12-07-2019 10:01 AM
     
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    sjrcpa
    Level 15
    ‎12-07-2019 10:01 AM

    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.

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    sjrcpa
    Level 15
    ‎12-07-2019 10:01 AM

    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.
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