Annie Jaffrey. https://www.youtube.com/user/AnnieJaffrey. I love her. She's become one of my favorite gurus she's very sweet and very genuine. She covers a lot of topics from weight loss to the usual.
You cannot deduct passive losses if you do not have any net income from your property rental for the tax year. Passive losses cannot reduce your income from wages, but you can defer the losses to future tax years or deduct any losses carried forward when selling the rental house that generated the loss.
In short, your rental losses will be useless without offsetting passive income. There are only two exceptions to the passive loss (PAL) rules: 1  you or your spouse qualify as a real estate professional, or.  your income is small enough that you can use the $25,000 annual rental loss allowance.