Anonymous
Not applicable

Investors & landlords

if you did the 1031 in 2019 the passive losses from the property should offset the passive income from other properties. you should see this on form 8582  the income properties will be on 1a and the loss properties will be on 1b.  since you did not dispose of the property in a taxable transaction the amount of losses that can be used will be limited to the income + any special allowance you entitled to in Part II

 

if the 1031 was in 2018, you may need to enter that loss carryover in the passive limits section of the schedule e worksheet for the replacement property.