Investors and rental owners

I received a 2021 Foreign Income Verification Statement T1135 with a $3893. Loss.  The cost of the investment is under 100,000. therefore I do not fill out and submit a T1135? Kinda confusing when I receive a T1135 ad then there is a form of the same name that I either submit or not submit??  It is also stated in the guide that I need to report this income/loss this not right?  So, if the income is reported in 2020 can I not report a loss in 2021?