can you carry forward losses on rental property
For example, if you have unallowed losses for five years, you can deduct all five years' worth of losses if you sell the rental property within the last year. There is no limitation on how many years you may carry your losses forward as of July 2011.f you have multiple rental properties, you must allocate your losses among all the properties. If you make a profit on any of the properties, subtract the profit from your total losses to determine your new carry-over amount.