My friend says her rental house is hurting her taxes not helping

[Christine Myers]

I’m worried about what my friend said. They have a rental house with good rental income, but she is looking to get rid of it because its not helping on taxes. Her and her husband make over 150K a year and she says after 150k you cannot write off expenses. 

I started investing this year because I love houses, I love the real estate business, but i also hoped it would help me get back more tax dollars..am I misguided?