turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Yes No
skyyscraper-inc
Returning Member

Rental Loss Deduction

My W-2 income is $200,000.  Can I deduct my rental property losses be deductable if I put it under an LLC?

posted
‎July 8, 2020 4:20 AM
last updated ‎July 08, 2020 4:20 AM
0
1
584
Reply
Bookmark Icon
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
AmeliesUncle
Level 15

Rental Loss Deduction

No, it is treated the same.

‎July 8, 2020 10:26 AM
0
568
Reply
Bookmark Icon

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics

Unlock tailored help options in your account.

Live Assisted: Get answers to all your tax questions! Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Live Assisted. Explore your options!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

nathstaxes
user17683222006
TylerRoadie
deandery
chag2020