990 T - SD IRA - When to file?

[Glenn Hirsh]

Recently received my first K-1 from an SD-IRA syndication investment where I am considered a Limited Partner in a multifamily property in NC.

It shows a negative amount per the depreciation taken against a relatively small amount of distributions, given at 6%.

My CPA has said that the 990-T is not required at this juncture since there is no tax due.

My other recent research has shown that a 990T should be filed every year as to accrue any losses to offset future gains.

Have to assume this is a common scenario.  Any guidance is appreciated.