@ThomasM125
Yes I am sure I have more than $150, 000 after all deductions.
I think I've found the answer in https://ttlc.intuit.com/community/tax-credits-deductions/discussion/rental-property-loss-deduction/0...
I am exactly hitting that case, I live one month and more in the house and rented it out for the rest of year. So this should not be considered as passive activity.
Check details https://www.irs.gov/pub/irs-pdf/p925.pdf and section "Activities That Aren’t Passive Activities"
In other words, it seems ok for me to use this loss to offset my normal income this year...
