https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-deduct-my-total-st-loss-carryover-from-a-lt-gain-on-the-sale-of-rental-property-i-sold-a/01/721127#M32040 Short term capital loss is from 2000 and has balance of -$121,200.&nbsp;&nbsp;Rental home was sold in 2017 and has capital gain of $168,600. Thu, 06 Jun 2019 15:06:29 GMT lemieux-paul 2019-06-06T15:06:29Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-deduct-my-total-st-loss-carryover-from-a-lt-gain-on-the-sale-of-rental-property-i-sold-a/01/721127#M32040 Short term capital loss is from 2000 and has balance of -$121,200.&nbsp;&nbsp;Rental home was sold in 2017 and has capital gain of $168,600. Thu, 06 Jun 2019 15:06:29 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-deduct-my-total-st-loss-carryover-from-a-lt-gain-on-the-sale-of-rental-property-i-sold-a/01/721127#M32040 lemieux-paul 2019-06-06T15:06:29Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-that-is-allowed-in-fact-short-term-losses-includi/01/721131#M32041 <P>Yes, that is allowed. In fact, short term losses (including carry over) are applied against depreciation recapture, as well as the long term gain. TurboTax will handle that automatically on schedule D.</P><P>I assume you have been using some of the loss from 2000 on each subsequent year return and $121,200 is the carry forward amount from 2016.</P> Thu, 06 Jun 2019 15:06:30 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-that-is-allowed-in-fact-short-term-losses-includi/01/721131#M32041 Hal_Al 2019-06-06T15:06:30Z