Can a K-1 Loss on rental offset a 1099 capital gain form stock sale

[fanfare]

all gains on Schedule D are reduced by losses on Schedule D.

@anthonycook77User 

[Anonymous_ · Accepted solution]

Can a K-1 Loss on rental offset a 1099 capital gain form stock sale

That would be unlikely since a net loss on rental real estate is typically a passive loss, which cannot be used to offset a capital gain (only passive income can usually be offset by passive losses).

[Mike9241]

if the rental loss is ordinary, line 2 of k-1 and you actively participate in the partnership activities, then if your modified adjusted gross income is less than $150,000 up to $25,000 in rental losses would allowed to offset other income. review form 8582.