Rental condo had a special assesment in 2016 and w...

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Rental condo had a special assesment in 2016 and we expensed the amount for 2016 taxes, but was much higher then the income. Can I claim a deduction for 2017 and later?

 
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New Member

Rental condo had a special assesment in 2016 and we expensed the amount for 2016 taxes, but was much higher then the income. Can I claim a deduction for 2017 and later?

IF you entered all your rental expenses in this years tax return and will carry it forward to net year, Turbo Tax will carry all unused amounts available for deductions in future 

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