wmjohnson
New Member

How does TurboTax determine the vacation home loss limitation on schedule E?

I have a mixed use vacation rental property that I rent for more than 14 days per year.  My expenses always exceed my income so I have carryover losses from prior years.  How does TurboTax determine the vacation loss limitation numbers on Schedule E.  It appears to use some but not all of my prior years losses and allocates the rest to the limitation column.