NLMforMSS
Level 1

I have a client that sold a rental in 2018 but there was a $20,110 loss for that year (minus the $4,691 depreciation) so would that carry over onto the 2019 tax year to be used and if so, how much?  Thanks for your help in this matter.

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Terry53029
Level 15
Level 15

Any lose on rental should be taken in year of disposable.