I have a similar situation. I have passive activity losses from 2015 that I could not take because my income was to high. I converted that home from a rental to a personal residence in 2015 as well and thus did not rent it in 2016. Turbo tax removes the property when I select that the property was not rented in this tax year. Is there any way to claim that former passive activity loss? Or do I have to wait until the home is sold? (The home was only rented for 1.5 years total out of 10 years of ownership).
Thanks!
