Investors & landlords


@chanhiu wrote:

 

So using RentalA's carryover suspended losses (after converted personal) to offset Rental B's income is allowed, correct?  

 

 If so, I could overwrite Form 8582 to include RentalA's losses and paper file for 2024.  T


 

I think so.

 

I would not recommend it.  You can't override that form in TurboTax and if you start manually doing things you are more likely to make a mistake somewhere.  As I said before, I would choose the lesser of two evils and file a blank rental with zero days.

 

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