Search Help


Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
June 2008


Word Count:
384

 

 

Passive Losses for Doctor


I operate a medical practice as a proprietorship and also own several single-family rental properties. Because my income is too high, the passive loss rules do not allow me to deduct any of my rental property losses.

 

If I formed a professional corporation and transferred this real estate to it, would I then be able to deduct the losses against my corporate income? (D.S., Stockton, Calif.)

 

The corporation is not your solution. As a medical doctor, your corporation ... Log in to view full article.

Already a subscriber?
Email Address
Password


You’ll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
Not yet a subscriber?
with a money-back guarantee



Powered by Cranium Softworks - CMS, Subscription Mgmt & Web Development

 

SS