Solved
Can rental loss be used as passive carryover?
2017 was the 1st year owning my rental property. A deductible real estate loss was reported on Schedule E fo -$2,500.
Is this a passive loss I can carryover to this year?
No, if you are allowed to take your loss, you must take it in the year it occurs. If your income is over $150,000, you are not allowed to take the loss and it carries forward on Form 8582 until you dispose of the property.
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