unrealized losses from previous tax years
Just trying to figure out where unrealized losses play into capital gains when an investment property is sold. My wife and I have been over the $150k limit the last few years and have not been able to claim any losses from our investment properties. I did sell one home and have two more owned through an LLC with other partners. If anyone can hep me out please let me know. I have been able to find everything under the sun how to figure out what I will owe on capital gains but nothing on how or where the losses come into play.