@soapninja Yes, you can claim your Rental Losses from when you started renting in March 2020, as long as you are an 'Active Participant' and your income does not exceed the limitations.
Even if it does, your passive Rental Losses can be carried over to following years until you are able to use them, and definitely can be used when you sell the property, if you were not able to claim them previously.
So you want to claim all the expenses and depreciation you are entitled to. Go through the Rental Property Info section carefully when you are setting up your rental.
Click this link for helpful info on Entering Rental Income and Expenses.
You may also find it helpful to read How to Enter Sale of Rental Property.
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