Did I Lose Money as a Landlord?

My annual rental income is not enough to cover all the costs (mortgage, insurance, tax, commission and regular maintenance). That resulted a loss. The loss is even bigger when I did the rental house depreciation.

My family income is over 150K, so I cannot write off the loss on the tax return, either. I have to recap them when I sell the house. This house used to be my primary residence. I will not pay the tax on the capital gain, if I rent it out for less than three years out of last 5 years. So the recap doesn’t make any sense to me, either.

I didn’t get any tax write-off benefits on my mortgage and real estate tax, since this is reported on the rental property.

I think I’m losing money as a landlord. Maybe I’m no doing the math right. Could anyone help me?

_:$