Article Date:
May 2021

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Q&A: How Do I Get My Rental Losses onto Schedule C?



I’m a CPA in private practice.


Please help me clarify my lifelong question regarding rental real estate and the entity structure that would allow me (and many of my clients) to use rental losses to offset Schedule C income?


I created an LLC thinking this was all I needed to list my rental activity on Schedule C and thus have the losses offset my self-employment income. But as I research more, trying to confirm this, I’m finding that this will not work and leads to audits.


On my rental, I do not offer any substantial services other than rental.


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