Investors & landlords

Can you clarify what is is doing?

Do you have any gains?  The losses first offset all gains (there is not a limit), then you are allowed to claim up to a $3000 loss.

Are you sure you mean "capital loss carryover", rather than a Passive Loss Carryover (usually from a rental property)?  Or a Net Operating Loss (total income was negative on a prior year tax return)?