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Can I use accelerated depreciation on 1 property to offset capital gains on another
In 2022, I sold a multi-unit property in TN. Also in 2022, I bought a rental property in Ohio. Can I use accelerated depreciation on the new Ohio property to offset the capital gains on the sale of the TN property?
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Basit Siddiqi
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Passive losses from rentals can offset passive gains from rentals.
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