- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Rental Loss Carryover
Hi.
I had a loss last tax year (2021) due to tenants trashing the house. I had a lot of repair expenses. I made too much to deduct any of the losses. I paid no tax for my rental that year, as it was a big loss. Is there a way to carry forward those losses to this year (2022)? I have made a profit for the rental in 2022.
If so, how do I document in TurboTax. I used it last year as well.
Thanks.
‎February 2, 2023
4:09 PM