Thank for your reply.
I think I got the answer. The expense is capped at the income could because my adjusted income is over $150000 and couldn't deduct any loss.
I also found the extra expense in listed in Turbo Tax Smart Worksheet Schedule E Carryforward to 2020 Smart Worksheet.
I just curious how is the expense distributed. I found if I list it in Miscellaneous Expense, it will show in full, but if I list in cleaning/maintain fee, part of it will be carried forward.
Also I didn't find any information in the tax report about the carry forward information. Does that mean we only keep our own record to carry forward and report next year but don't need to inform IRS about it?
Thanks
