Net rental real estate losses are generally passive losses are disallowed (suspended) until such time as there is offsetting passive income.
There is a special rental real estate loss allowance of $25,000 which can be used to offset all other income, but there are income limitations (i.e., the allowance is phased out completely above a certain level of income).
See https://www.irs.gov/instructions/i8582#idm140476817098624
The suspended losses are carried forward to subsequent tax years; you do not lose them. TurboTax will carry the suspended losses to subsequent tax years for your automatically.
