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Old 03-24-2011, 04:18 PM
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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.



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