Education On Passing Through Tax Losses to Offset W-2 Income

[William C.]

I understand this has the potential to be a complex discussion and consulting with my CPA will ultimately be the thing to do, but I am very curious what other's are doing in this space, thus coming the forum. After reading much of Amanda Han's work, tax strategies are top of mind for me. I have a normal W-2 income, but I own/manage rental properties as another stream of income. In a typical year, after factoring in depreciation and other expenses, we run at a net loss for the year. My question is: Are there mechanisms for passing-through the losses from the rental properties to offset the taxable income gained through my normal W-2 job? I understand there may be some questions that follow and I will be ready to answer them! Thank you for taking the time to read my post, take it at face value, and offer any experience you may have. Looking forward to seeing where this will go.