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January 30, 2021
Question

Dose my rental property lost that didn't effect my income (because I made more than 150K) move over to next year?

  • January 30, 2021
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1 reply

Critter-3
January 30, 2021

Yes ... passive losses are carried forward ... look at the form 8582   and the 8582  worksheets to see how this happens.