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Offsetting Passive Gain With Passive Losses [Tax Smart Daily 045]


Most CPAs will advise you that losses from one passive activity cannot be used to offset gains on the sale of another passive activity. That is not the case. If your CPA has the same opinion, here’s what you should request.

Check out this video to learn more. 

Listen in to learn about:

  • Offsetting passive gain with passive losses
  • What to request from your CPA

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