@Ben-FL wrote:
WHY for 2019 do I not get to deduct my Residential RENTAL Property loss??
If you are not a real estate professional who materially participates in the rental activity (outlined in the answer above), you can carry a net rental loss forward to the following tax year.
Further, you may be able to take advantage of the $25,000 (maximum) special allowance if you actively participate in the rental activity and fall within the modified adjusted gross income (MAGI) guidelines.
https://www.irs.gov/instructions/i8582#idm140476817099568
