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Why is my rental real estate loss not deductible?

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Level 1

Did the passive loss rules change for rental real estate?  Can I still deduct up to $25,000 in losses?

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Level 15

There's no change to the special allowance.  Did you check the box by accident that the taxpayer did not actively participate?  Was the MAGI in excess of $150k?

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Still an AllStar

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Level 15

There's no change to the special allowance.  Did you check the box by accident that the taxpayer did not actively participate?  Was the MAGI in excess of $150k?

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Still an AllStar

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Level 1
Thank you!  I appreciate your response.  The MAGI was well over $150,000.
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Level 15
Not a problem, @robin!
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Still an AllStar
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