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Get your taxes done using TurboTax
@Opus 17 yes. I paid off one of the three rentals in a lump payment with proceeds from an investment back in 2009-10. Without that Mortgage interest deduction it only took 2-3 years to use up all the suspended/carryover losses. Started showing an actual taxable profit in 2013-14. In 2016 I converted one of the rentals to personal use for a daughter & grand daughter to live in after the divorce. Unfortunately, the converted one wasn't the paid off one. So with two rentals since 2016 I still show a taxable profit every year. It's only about $2-3K a year, so nothing that bumps me to a higher tax bracket really. I'm currently in the 12% bracket and watch my income each year so I don't bump myself to the 22% bracket. That's one reason I'm closing my computer consulting business at the end of 2024.