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.

所有跟帖： 

• 2011 tax publication does not say rental loss can carry forward -gccard- ♀ (0 bytes) () 04/09/2012 postreply 11:58:12

• how come no one helps here? i don't know but i support u:) -找新家的迷惑- ♀ (0 bytes) () 04/09/2012 postreply 22:26:24

• 回複：LLC Rental loss deduction Tax question -gccard- ♀ (65 bytes) () 04/11/2012 postreply 08:13:35