jcphil
Returning Member

Investors & landlords

@Carl Thanks a lot for the answer. Appreciate it. In my case it seems Turbotax keeps offsetting my active income (wages) with the rental income losses from the room in house when it should not and does not generate losses to be carried over to next year and it seems I have to do it manually. Which was my initial question, is there anyway to update TurboTax so that the active income is not offset by unallowable passive rental income.