Rental sold in 2012 - Passive Losses

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03-28-2015, 12:00 PM

LakeCondo

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Join Date: Mar 2015

Posts: 1

Rental sold in 2012 - Passive Losses

Hi.

I sold my rental property in 2012, which had passive losses.
I understood that they losses could be carried forward 5 years while owning the property.

Can the losses be carried forward into the 2014 tax year?
If so, how do I report that?

Thanks

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