Yes, you're able to carry them (Losses) back for up to 3 years such as 2019, 2018, 2017. If your rental loss is more than your income from other sources, your loss is considered as a Non-Capital Loss, which can be carried back or forward to reduce your tax bill in previous years. To do so, you require the form T776.
Please see additional details on Claiming a loss on Rental Property and for information on the T776 Tax Form, click here.
Thank you for choosing TurboTax.
donawalt
New Member
s-e-wood
New Member
user38886697
New Member
kassia_almeida
New Member
-josiedog12--
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.