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re: Help me understand depreciation on a rental property

Posted on 10/12/23 at 12:12 pm to
Posted by texn
Pronouns: Y'All/Y'All's
Member since Nov 2019
3525 posts
Posted on 10/12/23 at 12:12 pm to
Passive loss rules may limit your ability to deduct losses from the rental property against your other income. Check with your tax adviser
Posted by Thundercles
Mars
Member since Sep 2010
5224 posts
Posted on 10/12/23 at 12:18 pm to
Thank you, this was a key piece that I was looking to understand and didn't know what it was called but seems to answer one of my biggest questions.
Posted by SalE
At the beach
Member since Jan 2020
2452 posts
Posted on 10/17/23 at 1:36 pm to
For rent by owner.
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