Rental property tax deduction

[Hassan Oukacha]

I'm filing my 2017 tax as married jointly. I have 2 rental properties that are both making losses for 2017 due to deduction and cost of acquisition + rehab; we acquired both of them last year. I am using TurboTax to file my tax. 

It seems that between depreciation and improvement cost, I have about -$6000 loss for each property. Hence for2 properties, I should be able to deduct $12000

However, the software does not allow me to deduct this amount, due to our combined income, which exceeded $175000 in 2017. Is there an income cap above which you can't deduct any rental related loss? if so, is there a way to go around that to qualify for this deduction?

Thank you