Hi,
Is the rental loss carryover attached to a specific property or can it be used to offset income from any other rental property? As I mentioned in my original post, we have two properties, one property was converted from rental that became primary residence in 2020 (this property has loss carryover) and one income producing rental property. My understanding is that I can use the loss carryover from now the primary residence to offset income from the other rental property.
