K-1 loss (box 2) vs capital gain from sale of investment property

[Slawek Jakubowski]

Hello everyone,

I sold my investment property last year and realized a capital gain. I also invested in a syndication for which I received my first K-1, where box 2 shows a net rental real estate loss. Can I use that loss to offset my capital gain realized from the sale of the investment property?

Isn't it called Lazy 1031 exchange?

About me:

1. Licensed real estate agent

2. Manage portfolio of my own rentals

3. No W-2 income

Thank you in advance for your help.