@TurboTaxDeeS I have a rental property in NJ starting December 2017 only. And have net losses on it at the end of December 2017. How do I account for them in my...
@TurboTaxMichaelDC It is still confusing to me. I am a non-resident for NJ and I do not have nay other income from NJ except one rental property income (loss fo...
@TurboTaxMichaelDC one more question, i have posted separately as well, is the loss 100% carried forward for federal taxes. What about the state tax? Turbotax i...
Thanks @TurboTaxMichaelDC . So lets say one year because ofhigh income you cant deduct the losses but next year your income goes down to the level where you can...