Month: July 2020

Rental Activity Loss Rules for Real EstateĀ 

Link to IRS website – https://www.irs.gov/publications/p925#en_US_2019_publink1000104581 Tax Adviser –https://www.thetaxadviser.com/issues/2017/mar/navigating-real-estate-professional-rules.html Summary Passive Activity Losses are not allowed – default since the 1980s Active Participation – $25,000 rental loss