Real estate

[michael-mohagheg]

When I retire and can become a RE professional with 4 rental properties, will my back year losses also become deductable from my income?

[lockerman]

That would depend on how may years back those losses go.  As a real estate professional you can deduct losses against other income.  I assume your past losses are classified as NOLs ( that is net operating loss carryovers).  You are able to use those losses up to 80% of other income