- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
@Mattcampa wrote:
But can I deduct depreciation as a active income even though Im not a real estate professional? If not how could I do so?
If you are not a real estate professional who materially participates in your rental activity, then you are subject to the passive activity loss rules; rental income is passive in most instances.
However, you can still deduct depreciation from your rental income despite the fact that the rental income is passive.
‎February 19, 2022
12:11 PM
1,501 Views