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A residential project with a total of 280 properties with 2, 3 and 4 bedrooms. Waking up every mornin 203 Sunset Cliffs I - Benidorm 109 Sunset Cliffs Ii - Benidorm 141 € 420, 000 Sunset Waves I - Benidorm We are delighted to offer you this Residential estate with "Resort Hotel" communal leisure and recreation areas - an outstanding investment opportunity. Sunset Waves has an avant-garde design with a touch of sophistication that modernises the skyline of the Poniente beach of Benidorm. It& 039 S a c Benidorm Beach Ii - Benidorm Can you imagine living a few meters from the well-known Poniente beach in the most fashionable urbanization of Benidorm? Playa Poniente is one of the favorite destinations for those who wish to buy exquisite homes on the Costa Blanca. This area is well known for its iconic Benidorm skyline buildi 149 € 781, 000 Sunset Waves Iii - Benidorm 237 € 345, 000 Benidorm Beach I - Benidorm 102 1 - 24 out of 364 properties 1 5
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But here is the best part of it, you could carry back your loss for two years and get the refunds for those two years that you paid taxes if your loss is big enough to wipe out the current income to zero. After you reduce your current income to zero and carry your loss back for 2 years and still have a loss from the sale of the rental property, then you can carry forward your loss for up to 20 years which will reduce your future taxable income. Nobody wants to sell their rental properties at a loss, but if it does happen (which is quite common now days), please talk to your CPA to find the great tax saving advantages from it. Principal residence turned into rental property and sold it at a loss: This current bubble created the biggest loss of equity in homes nationwide and California is the worse compared to other states. Many home owners try to sell their principal residences for a long time, and then finally give up selling it. Instead, they decide to rent it and wonder if they could deduct the loss if they finally sold their rental properties below the purchase price of their principal homes.