DawnC
Expert Alumni

Investors & landlords

Yes.  If you had passive losses from a rental last year, those losses carry over on Form 8582.   You can use those losses on future passive income (rentals are passive activities) or when you sell the property.   It is normal to generate losses from rental activities.    If you used TurboTax last year, your unused rental losses will be applied to any rental profits you have this year.  

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