24/7 Wall St. on MSN
He lost $140,000 in the 2008 crash and has only been allowed to deduct a few thousand of it a year. When he sells the rental, the rest of that loss will erase $110,0…
Quick ReadA $140,000 capital loss carryforward from 2008 can wipe out $110,000 of rental property gain in one year, since the ...
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