LLC Rental loss deduction Tax question

I bought a few rental houses last year under a LLC and there is a loss due to the repairs i did to get the houses ready for rent. However, due to my W-2 income, I could not deduct any rental loss. The LLC also flipped a house and made some money. It looks like I have to pay tax for the money I made flipping the house but could not deduct the loss from the rental properties.

Is it correct?

If I could not deduct the rental loss this year, may I carry the loss over to my next year rental profit? I believe I will make a profit in my rental income in 2012.

Thank you very much.