I have a somewhat similar situation, but just normal loses from a couple of months of our rental not being leased. From what I have been reading, passive rental loses phase out with a MAGI between $100k - $150k. MAGI over $150k there is no deduction (married, filing joint). In my case, our MAGI is over $150k so we aren't getting any deduction. I still question if that rolls forward and haven't sorted that out yet.
So, as I understand it, MAGI should have been part of this conversation in order to render an appropriate response.
