I did not include property depreciation and water bill payment in Schedule E in 2021. Once they are included the 2021 Schedule E loss gets even bigger. Previously in I had enough loss carry over from 2021 to offset all of small 2022 Rental Profit and then there were more loss in 2023 that added to to the loss carry over balance. However, the schedule E did not have any affect on Schedule 1 or the main 1040 AGI and tax liability as I was not able take any of these loss to net against my other W2 or Schedule D incomes. However, I would like to take all available loss from all of these initial years (mostly due to depreciation) and use them in the future years to offset Schedule E rental income when I will not have depreciation expense and will have more stable rental. Can I just include the additional 2021 loss in my 2024 Loss Carry over worksheet or do I also have to amend 2022 and 2023 Tax returns? If I do have to send in amendments for the years 2022 and 2023 then should I send all of the 1040, schedule A, Schedule D etc. or should I just send in the Form 8582 for these years?
