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Old 03-19-2016, 07:20 PM
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Selling rental property at a loss with passive income losses

I'm selling rental property later this year for a loss (after depreciation). I also have passive losses that have accumulated for several years. The property is managed by a third party and I was not active in the rental process or spent any time in the unit. What are my tax implications when I file my 2016 return?

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