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Tax, SDIRAs & Cost Segregation

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Eve W.
  • Wholesaler
  • Sugar Land, TX
6
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49
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Real estate loss in 2013, could it be carried over to 2014?

Eve W.
  • Wholesaler
  • Sugar Land, TX
Posted Feb 27 2015, 19:37

My real estate wholesale business had a loss of over $8K in 2013 and I was/am not a RE professionals regards to IRS terms. I had profit in 2014 for wholesaling of over $15K. Could the 2013 loss be carried over to 2014 and offset some of the gains?

thanks

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