1) How can I make use of that itemized deduction or am I out of luck? If you cannot use the itemized deductions then they are simply wasted ... default to the standard deduction instead. Only charitable deductions can be carried forward.
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. If the points are on the mortgage for the rental then they can be entered on the Sch E by amortizing them over the life of the loan.
3) Where can I find my real estate losses (25,000) carried forward to the next year? Look at the form 8582 and it's worksheets ... https://www.nolo.com/legal-encyclopedia/can-you-deduct-your-rental-losses.html
