DaveF1006
Expert Alumni

Investors & landlords

There is a place to enter prior passive loss carryovers. 

  1. Go to federal>wages and income>rental properties and royalties>rental properties and royalties (Sch E)>start
  2. First screen should say is this a rental property or royalty>rental property
  3. After you enter the information it will ask what type of a rental is it
  4. After you answer the question, you will arrive at a screen that asks, do any of these situations apply to this property?
  5. At the bottom of the screen is where you will state you had passive real estate losses from a previous year. the next screen will allow you to enter that information. 
  6. If you already have this listed as a rental, you will need to go into property profile to get to that page where you enter the passive loss information as described above.
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