Hello here are the basics, my rental property overall carries annual rental of 60,000. Due to COVID 19, my tenant was unable to have their bar open and for 2020 has basically 35,000 in unpaid rent. My tax person said we can only claim rental income received however since I have not yet recovered this income (and there is no telling when I may), this constitutes an actual loss. For My tax person I have filled out the Schedule E for Rental Income and Expense sheet however not sure if there is another form or method to use in which I can "claim" the actual losses?
