Could you please explain what "exactly" what I am wanting to do is? I didn't say I wanted to do anything, so I still don't understand.
I notice that when filing separately, the standard deduction is cut in half and the amount of the capital gains loss one can deduct is cut in half. That make sense to me. Each spouse can have their own half of the total. But why is the real estate loss eliminated instead cut in half like the other things?
The original questioner wanted to be able to deduct his real estate losses because his income was below some threshold I presume. But generally, when filing separately, there are lower thresholds than when filing jointly which should be able to cover this situation.
