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QUESTION DETAIL

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If a trust has a rental loss, can it pass the loss to the beneficiaries?


ANSWER


The BIDaWIZ Team's Answer:

1.642(h)-1 says the NOL is passed out to the beneficiaries receiving the property upon termination of the trust (as opposed to income beneficiaries).
 

 

 

 

 

 
 

The BIDaWIZ Team

 

 

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