Can I deduct passive rental property losses at time of sale?

[Chris L.]

I sold my NJ rental property in 2017. I also had a passive loss for the rental property in 2017. With the sale of the rental my income was over 150k. I recognize that one can not take a passive loss if their income is over 150k; however, from what I have read, it states that if you dispose of/sell your rental that you can deduct the passive losses the year you sell. My question is this, can I deduct my passive losses that occurred in 2017 on my 2017 taxes or does it get rolled over to 2018 because my income is too high?  I have heard conflicting info. My accountant is showing rental property passive losses to be rolled over to 2018 on my tax docs and I don’t think that is accurate. I reside in NC and the property is in NJ. Any input would be greatly appreciated.