causualty loss on rental property

[Michael Bertsch]

Let’s say the roof on your rental property gets damaged from a storm and you claim a casualty loss. At the end of the year, you have a net operating loss after depreciation and operating expenses. Can the causality loss further the loss and can it be carried over to reduce W2 income (person meets passive loss rules)? If not, will it have to be carried over to the next year?