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Deducting Real Estate Losses: Understanding the Differences Between Active & Passive Losses
March 15th, 200909:21 AM ETBy John DillardDeducting Real Estate Losses: Understanding the Differences Between Active & Passive Losses It's time to take another look at the rules for rental properties for your deduction and a few of the tax rules to ensure that you qualify. Generally since the mid to early 80's the IRS has limited what one can deduct for rental properties based upon yo...
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John Dillard, an author and Certified Public Accountant, serves HIM by serving you with his expertise in this blog... one tax return at a time!
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John Dillard is an author and Certified Public Accountant. To See how he takes Christ along with him to work visit www.HisCPA.com
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