I am not a resident of Hawaii, but have a rental condo in Hawaii. I purchased the Hawaii condo as part of a 1031 exchange from a sale in California. I have passive losses from the California property, before the 1031 exchange. If I have passive gains from the Hawaii property, can I offset it with the prior passive losses on my Hawaii tax return?
USA Passive loss question involving properties in California and Hawaii
- Thread starter KevinW
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