Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 03-28-2015, 12:00 PM
Junior Member
 
Join Date: Mar 2015
Posts: 1
Rental sold in 2012 - Passive Losses

Hi.

I sold my rental property in 2012, which had passive losses.
I understood that they losses could be carried forward 5 years while owning the property.

Can the losses be carried forward into the 2014 tax year?
If so, how do I report that?

Thanks




Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Income exceeds $150,000. Why doesn't Turbotax offset passive losses from one rental property against passive income from second rental property? aboniadi Rental Real-Estate 4 03-17-2014 02:15 AM
Carryover passive losses Kasturi Rental Real-Estate 1 03-23-2011 09:56 PM
How can a taxpayer convert disallowed passive losses into tax-saving deductible losses? TaxGuru Rental Real-Estate 0 01-21-2011 02:32 PM
Passive Losses - NY (Live), PA (Rent) DBozkurtian Rental Real-Estate 0 03-13-2010 11:32 AM
Deducting Passive Activity Losses workout Rental Real-Estate 1 02-07-2009 11:03 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning