In the past, if a client owned multiple properties and some or all carried passive losses forward and the client sold one of the properties, all passive losses would be ‘released’ to apply against that sale. I just worked up a projection for a client but in this case, only the losses for that one specific property were applied. Is this a change to the process? Did I miss something in the tax code that changed? Were only the losses from a specific property to be applied all these years and I didn’t catch that in the code?