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Level 1
posted Jun 4, 2019 2:39:59 PM

Can I take some of this years deductions next year?

I renovated one of my rental properties in 2018 and it was over $40k.  I could use some of these deductions in future years.  Can I do this?

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1 Best answer
Expert Alumni
Jun 4, 2019 2:40:01 PM

Please see TurboTax TaxPro Dee's response to a similar question about rental expense carryover: https://ttlc.intuit.com/replies/5299994

1 Replies
Expert Alumni
Jun 4, 2019 2:40:01 PM

Please see TurboTax TaxPro Dee's response to a similar question about rental expense carryover: https://ttlc.intuit.com/replies/5299994