If you have a tax loss on the rental of your rental property investment, you probably want to deduct that tax loss right now.
What you want and what you get may not match. Tax law contains passive-loss rules that often prevent current-year deductions for rental property losses.
Two Loss Preventers
Your deductible tax losses from rental real estate face two intertwined loss-deduction preventers:
1.
Making too much money
2.
Not working on the real estate hard enough
Making Too Much Money
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