Investors & landlords

@TaxGuyBill  i did some research online, negative AGI is not the same as NOL? negaitve AGI just means no tax due for that year but i dont get the benefit of carrying the loss back or forward to other tax years.
 Are you sure about this NOL? how many years can the NOL be carry back and forward?  Does it expire?


From the PDF, it looks like the NOL can be carry forward for the next 20 years.  Where is the '"waive the carryback" from Turbotax - cannot find it??  thank you so much.