I am a non-resident of NY with NY source income/loss only from a real estate partnership. My NY K-1 has a NY loss of $3,369 on line 2 (Col. C), net rental real estate income. I have NY net additions and subtractions of $2,669. I am not an active real estate professional.
Am I correct that
1) My reportable NY loss is $700 ($3,369 - $2,669)?
2) I do not need to file in NY?
Also, is that $700 loss carried over in some way to 2020 to offset NY income from the partnership, or is it lost? If so, how do I carry it over?
Thanks!
