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Reply to "Claiming loss witout K1s"
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[quote=Anonymous]I'm a member of an LLC that owns 2 rental properties in FL. One of the properties was sold last year at a loss. Unfortunately the LLC haven't issued any K1s since it started and it doesn't look like they will do. I do know the basis and when the properties were bought and sold. How could I claim the loss on my taxes without the K1s? I live in VA, would I also be able to claim a deduction on those taxes for the loss or just for the federal part? Thanks.[/quote]
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