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Old 03-19-2017, 10:24 PM
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Using Schedule E suspended losses against active income on disposition

I have a rental/investment property on which I have suspended losses captured on Schedule E (after accounting for passive income). I know that when I dispose off this rental property, I can offset the gains using the suspended losses. But, if there are still some losses left after disposition and offsetting the gain on sale, can these losses be used to offset active income (like my W2 income) during that year or later? Are there any AGI limitations for this?



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