Passive Activity Loss Carryforward

[kysf]

I have passive activity loss from a rental property that has since been converted to personal use.

I have passive activity income from other rental property that I have a K-1 for.  

Turbo tax has not carried forward my passive activity loss from my 2024 Form 8582 to offset my K-1 income.  Where & how do I put this information into Turbo Tax so it generates a Form 8582 and Schedule E?

[AmeliesUncle · Accepted solution]

Unfortunately, TurboTax is severely deficient with that.

You need to create a fake rental property (the property that is now your personal residence) and enter $0 rental income and $0 expenses, but have it show the carryover Passive Losses.  

When you do that, the program will apply the carryover Passive Losses to your current year Passive Income.