ABS
Level 2

Calculating total passive real estate income in a portfolio (2017)

I am amending a 2017 return and noticed that Turbo Tax was showing positive passive real estate income in the rental section of the return even though combined all my rentals were running a net loss. 

 

One rental made $4K for the year while all others lost $12K combined, why are my passive loses not offsetting my passive income? Married filing jointly with AGI> $150K if that helps.