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Level 1
June 5, 2019
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Does having insurance on my rental property make it not at risk?

  • June 5, 2019
  • 1 reply
  • 11 views
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Best answer by DS30

No. Insurance on your rental property does not change your at-risk status in your rental property.

For more information on rental income and expenses, including passive activity loss limits, refer to Publication 527 and Publication 925, Passive Activity and At-Risk Rules.


1 reply

DS30Answer
Level 12
June 5, 2019

No. Insurance on your rental property does not change your at-risk status in your rental property.

For more information on rental income and expenses, including passive activity loss limits, refer to Publication 527 and Publication 925, Passive Activity and At-Risk Rules.