Can property losses be carried forward to Estate?

Can administrators claim losses incurred before death

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Client has died, having incurred losses over several years of property letting but recently into profit.  The property is now in the administration period of the Estate but can the historic losses be carried forward, as the property business has not ceased, just changed hands.

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By Trannysister
08th Aug 2019 12:47

There's been a change of ownership. The Execs are now responsible, so losses are...................lost.

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