Investors & landlords

Thanks John.

Where will that passive loss carry over show up? On which tax Form or worksheet? My losses in 2018 and 2019 were greater than $25,000 and my AGI was less than $100,000, so am I correct to assume that this is on a form that turbotax is keeping?

 

Relatedly, I used to file with a Schedule C through a sole proprietor LLC, but I found that everything worked out best just running the rentals on Schedule Es. Is there an advantage to the other way?