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Search options not deleted user 115819

For questions that relate to the laws, practices, and products of the United States.

2 votes
1 answer
937 views

What is considered a gift to my children?

I understand that there is a $16,000 limit on gifts to each child, grandchild, etc. by each parent each year. I understand that if a child or grandchild is attending college, paying their tuition doe …
Mark Lavin's user avatar
0 votes
1 answer
306 views

How can I deduct Rental Real Estate Partnership loss?

I am a limited partner in a Real Estate Partnership. When I received my Tax Year 2022 form K-1 from the Partnership, it listed a loss in Box 2 - Rental Income or Loss. Can I apply this loss to offse …
Mark Lavin's user avatar