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.
If you were a real estate. professional (see instructions), enter the net income or (loss) you reported. anywhere on Form 1040 or Form 1040NR from all rental real estate activities. in which you materially participated under the passive activity loss rules . .