I think your profit (income) from 1st property will offset the loss when calculating "allowable loss" on line 11 of Form 8582. See below.


I think your profit (income) from 1st property will offset the loss when calculating "allowable loss" on line 11 of Form 8582. See below.


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Thanks, this is very helpful.
-FSENX-
♂
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03/31/2024 postreply
08:51:50
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