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Updated over 7 years ago on . Most recent reply

User Stats

452
Posts
10
Votes
Michael Dunn
  • Olive Branch, MS
10
Votes |
452
Posts

Taking the same " Losses " on your Rental every year ??

Michael Dunn
  • Olive Branch, MS
Posted

Good Evening,

I am wondering if you can take the same " Losses " every tax year on each of your Rentals , as you took form the previous year ?

I Have one rental, and for 2016 I took all of the Writeoffs/Losses that I could  (  Taxes, Insurance,Interest, Depreciation )

I am wondering if I can continue taking these same Losses on this Rental , each and every tax year, and also for the same amount in writes as I took on my first year of owning / filing this Rental ?

Thanks so much for any and all help 

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