chengen
New Member

Investors & landlords

Rental is the only income (and only one SFH). 2017 expense plus depreciation is way more than rent. 1040-NR also has $4500($4050?) exemption. But in the end it just shows income is 0 (not negative amount). When reporting 2018 tax next year, if there is profit, how can 2017 loss offset that? Thanks.