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5 December 2022 | 6 replies
I'm seeking clarification on activation of suspended passive losses upon sale of rental property.
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11 September 2022 | 43 replies
When it hits the bottom I will pull out of those and spread it around to stocks that I think will recover very well over the long term (vacation type stocks) that were hit the hardest so far and will probably continue to go down more over the next couple months.
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29 July 2020 | 17 replies
He sold my place pretty quickly (for a loss, but only a slight loss and I was already out of state by then and just paying a mortgage on a vacant property that would not have made sense to keep as a rental).I decided to work with him again now that I’m moving back down, but I want to buy another MFH this time and “house-hack” again, like I’m doing now.
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5 December 2022 | 2 replies
Hello,I expect to have about $10000 losses from rental properties in 2020.
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5 December 2022 | 4 replies
I just took the loss and ended up going with a contractor that I have used before.
10 July 2014 | 4 replies
It'll be nice to get rid of it, but 1) I don't know how much profit/loss I will make, and 2)Would it be to my advantage to keep it for another 2 to 3 years?
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29 November 2022 | 5 replies
Hey there, sorry for your loss.
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23 August 2020 | 18 replies
If so, would this income then flow to Sched E, page 2, line 41, and there be combined with any net losses the wife might report on Sched E, page 1, line 26?
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6 December 2022 | 9 replies
However, I don't know if you'll win because insurance paid for the damages and you haven't really suffered any loss.
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14 November 2021 | 78 replies
I’m not a fan because if the regulations prohibit it in the future your going to be stuck at a loss.