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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
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
	
	
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