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Investors & landlords
Thank you for your response. Since the tax preparer, who made a mistake have not done my taxes since then, I do not anticipate he will be willing to do any corrections even for fee.
Can I file amendments to my returns for 2018, 2019, and 2020 with a correct cost of property instead? I understand, that I will loose on taxes for the 2014 - 2017, but it is OK.
A different question:
I realized that my rental loss for 2020 is about $20K and I actually do not have any taxable income. Could it generate a carryover NOL and if so, how would I claim it using Turbotax
Thank you
‎January 9, 2022
3:56 PM