first year with k-1, rental loss

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mrtimo
Posts: 34
Joined: Tue Feb 07, 2017 7:07 pm

first year with k-1, rental loss

Post by mrtimo »

First year with a k-1. I have some rental loss. I can't take the loss this year, but I will take it in a future year to offset rental income for the same property, right? This will adjust my QBI, correct? thanks.
Edit: I'm not an active participant in the rental, so I can't deduct it against my other income. I am less than 100,000 AGI.
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