Must you claim loss in current year or can you take in future year?
Spent the last 4 years working in Canada on an assignment for my job. I rented out my primary residence and had a loss each year. Because of tax protection with my assignment I did not owe tax nor would I have owed had I not taken my rental property loss.
My question is could I have not claimed that loss since it didn't benefit me and now carry them forward since I'm back in the U.S. and will have a use for the loss?
Wondering if there is a difference between disallowed rental losses and choosing not to take those rrental losses.