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Investors & landlords
You may have done something wrong last year if you are renting out the home you also live in ... this is considered a "vacation" rental and as such the expenses cannot exceed the current year income. Unallowed losses are carried forward.
I highly recommend you seek local professional guidance, contact TT support or upgrade to one of the LIVE options to get one on one assistance.
‎September 27, 2021
12:25 PM