Deferring passive losses

[sewellmatts]

I have carryover passive losses (CPL) on property A which I have not sold and continue to operate in 2018 .TT is applying the CPL against an unrelated real property gain in 2017.  How do I continue to defer the CPL for property A to the future instead of having TT apply it 2017?

[TaxGuyBill · Accepted solution]

Sorry, you can't.

If you have other passive gains, the carryover losses will offset that, and you can't choose not to take it.