Reduce income by itemized deduction before I apply my real estate losses

Once I determine my income for the year (Interest, Dividends), I add my real estate losses to it.  This gets me to a negative number.   This leaves my itemized deduction as a useless asset.

So for example :

Interest and Dividends: 10,000

Real Estate gains (losses): -35,000

Adjusted gross income = -25,000.

Now my itemized deduction of 45,000 is useless to me.  Part of that 45,000 is deductible points paid on my loan to acquire my investment property. 

1. How can I make use of that itemized deduction or am I out of luck?
2. How can I move those points paid elsewhere so I can use it to increase my real estate losses?That's if I'm allowed to do so.
3. Where can I find my real estate losses (25,000) carried forward to the next year?

Thanks!!!