- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
I suspect that you will first have to add back the residential rental activity and residential rental asset under Rental properties and Royalties.
- After the asset is recreated, click Edit to the right of the asset at the screen Rental and Royalty Summary.
- Click Update under Property profile and Continue through several screens.
- At the screen Do any of these situations apply to this property, scroll down to Carryovers and click on I have passive activity real estate losses carried over from a prior year.
- At the next screen, the losses are entered as negative numbers.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 2, 2020
4:15 PM