Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
ken_sandell
New Member

How can I reduce the carry-over lose on a rental property that TT calculates

 
1 Reply
view2
New Member

How can I reduce the carry-over lose on a rental property that TT calculates

1. Increase your rents ,first way to absorb PAL's carryforth,increase of passive income. 

2. Sale in a qualified disposition will release all passive losses.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~