- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
I believe it’s the the personal use rule that is the issue here. When personal use exceeds the 14 day threshold the property is considered a residence and the individual filer cannot claim the loss - passive or active. The loss is capped to the revenue collected. Your point is understood as related to a passive activity, but my understanding is that there is another rule at play here.
March 10, 2022
10:08 AM