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Can I claim my passive loss carryover in year 3 against regular(active) income?

April 26, 2017active carryover claim income loss passive regular year

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Can I claim my passive loss carryover in year 3 against regular(active) income?

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You either have to wait until you show a rental income while you own the house, or until you sell the property, before you can claim the passive loss carryover as a deduction.