ThomasM125
Expert Alumni

Investors & landlords

If you have a loss carryover, you must use it in the current year if you are able to. I don't know your complete tax situation so I can't comment on whether the loss is being applied properly, but I assume it is and if so, you can't apply it otherwise.

 

Also, if you are ending up with a net operating loss then that can be carried over to next year, so you are not losing any loss carryovers. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"