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tasstaxes
March 14, 2025
Question

I have two K-1s from a real estate limited partnership because they changed name of the LP. Can I now deduct all passive losses of the old LP?

  • March 14, 2025
  • 0 replies
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The capital from the old K-1 was transferred to new K-1, but Turbotax is treating this as disposition of the old K-1 without passive losses being allowed.
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