Re: Real Estate Losses
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I have no desire to deal with rental properties but, if I did I could have positive cash flow with the property. My worry is that the prices in my area are going to be flat or even down for a while. Even if I felt I could make money long term it's not worth the hassle for me. I just want to move on.
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You could ask your CPA, but my guess is that you're out of luck.
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