@jennifervphan
In most instances where rental expenses exceed rental income, the result is a particular type of loss, called a "passive loss".
Per the tax code and regulations, passive losses can only be used to offset passive income (with an exception being the $25,000 special allowance, if you qualify - see link below).
As a result the passive loss from your rental will be carried over to the following tax year.
https://www.irs.gov/publications/p527#en_US_2020_publink1000255996
