RobertB4444
Expert Alumni

Business & farm

Have you marked that you actively participated in the rental property?  If you are not an active participant then the losses are not deductible.

 

There are also income limitations.  If your income is over $100,000 then the loss is limited.  If your income is over $150,000 then the loss is disallowed.

 

@BlaBla22 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"