I am making some year end decisions today.
I have a NOL of $2500 from 2022 from a rental. I have net rental income of $1750 for 2023.
Am I limited to using $1750 of the NOL against my rental income of $1750 netting me to zero? Or can I use the entire $2500 NOL netting me to -$750 in rental income for 2023?
Thanks
