Solved

I have a rental property in my own name and had a loss of 40,000 in 2018, owing to repair etc. Can I carry forward this loss to 2019?

No text available

Best answer by DanielV01

Loss that cannot be claimed on a rental property due to passive-activity limitations is carried forward until it can be used, yes.

Employee

Loss that cannot be claimed on a rental property due to passive-activity limitations is carried forward until it can be used, yes.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

Hi, sorry what is meant by "Loss that cannot be claimed on a rental property due to passive-activity limitations" please? Thanks so much.

1 reply