my first rental property has -11390
2nd rental property has loss: -37600
under section of property and loss result turbo tax shows allowed losses -11300 but zero for the 2nd property.
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If you have more than one rental property and you are not being allowed to take a loss on each one, then you should double-check the answers to the "active participation" and "real estate professional" questions.
To do this, edit each property one at a time to verify your answers.
If you have more than one rental property and you are not being allowed to take a loss on each one, then you should double-check the answers to the "active participation" and "real estate professional" questions.
To do this, edit each property one at a time to verify your answers.
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