Can I use the total losses from my real estate properties around 170 K against the profit around 60K from sale

This year I will receive a net profit of 60K from sale of one of my investment property, can I use the real estate losses from past years 170K (form 8582) or the current year real estate losses of around 50K against the capital gain taxes on the 60K?

Check with your accountant. If you amortized, it may not be that cut and dry. Call the IRS and ask. They will know as well. irs.gov

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