@pk: I have two rentals. On the whole, they make money, but the one I used the asset for so much (more than 50%) is for the one that didn't make money in 2019 (it was rented out in January of 2020).
I followed the many TurboTax questions in adding it as an asset (the way you showed me). At that point my tax return had all the information about the rentals, so I hope that TurboTax figured this out correctly putting it in carryover 🙂
