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June 6, 2019
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Will my 2016 net rental loss be carried over to next year and be used against 2017 net rental gains?

  • June 6, 2019
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Best answer by MinhT1

Yes, if your net rental loss in 2016 cannot be deducted from ordinary income due to income limitations, it will be carried to future years to be used against any passive (rental) gains.

1 reply

MinhT1Answer
June 6, 2019

Yes, if your net rental loss in 2016 cannot be deducted from ordinary income due to income limitations, it will be carried to future years to be used against any passive (rental) gains.

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