We have owned a rental property house for about 10-12 years and over that period of time we have built up a fairly significant passive loss carryover. We are now using the house for our own use and have not rented it at all in 2016.
We have no passive income to offset the passive loss carryover at this time so we won't be able to use this passive loss until we actually sell the house which probably won't happen for at least a year or two.
My question is how do I track this passive loss in TurboTax so that I don't lose it? I thought that one way might be to continue to file a Schedule E for 2016 and report zero days of rent but TurboTax declares that as an error if I try to do that. If I remove the Schedule E altogether from my return, I am concerned that I will lose the passive loss in future years.
