Thank you, Coleen!
I am still a bit muddled, but gaining clarity. To add some elements to my question:
I do have 10 rentals but also a W-2 from my day job. The past two years, due to substantial rental renovations, the rentals are running at a loss when all is said and done. I see that I have the QBI figure in TurboTax (Home and Business) showing up negative for 2019 as well as from 2018. So, no QBI deduction - makes sense.
When the prompt for "2018 Net Operating Loss" appears, nothing is automatically calculated (I did use TurboTax for 2018 as well).
Is it that my rentals have nothing to do with NOL? (The losses from my rentals in 2018 were already worked into calculating my AGI on 1040 Line 7a - coming from Schedule 1 Line 5 - ie, my Schedule E).
OR, do I now go back to my 2018 taxes to figure this out?
