All Forum Posts by: Slawek Jakubowski

Wow!! Thank you for your answers everyone!! 

 I see...and where would that loss be reported? Schedule D line 12?

I must add that I never rented out this property. Does that matter? I bought it with the intention of leasing it and changed my mind. I held it for almost four years.

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.

Do NOT use them. Nothing but problems. Very poor customer service. Will be filing a complaint with BBB

I'm not sure, but I think I heard someone say a month to month lease is no longer legal in Philly.

@Sheryl Sitman great reply

@Eric Greenberg yes, I own a property at 9th and Diamond.

@Eric Greenberg 10th and Diamond is where I'm looking.

@Eric Greenberg Berks and Susquehanna?