jp29
Level 1

Investors & landlords

Thank you.  Your answer was very helpful.  As you suggest, since we have no other passive income, our suspended losses will have to remain suspended and carried forward until we sell the home.  Another dumb question - If the gain on the sale of the home is not significant, I assume that we can only use that portion of the suspended losses that offsets the gain on the sale, and the rest of the suspended losses would now be truly lost.