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Capital Gains on Condo Sale
Old 07-29-2006, 01:01 PM   #1
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Join Date: Mar 2006
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Capital Gains on Condo Sale

I posted this 2 hours ago. After spending 2 hours more going through Turbo Tax, I found the answer to my question.

Only moderators can delete posts, so I am just editing it.

My question was: Where do accrued passive activity losses show up on the 1040 when you sell a rental property to offset the Capital Gains. The answer: Schedule D.

I hope no one was doing any research to get me an answer. Sorry about that.
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