Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply presented by

User Stats

22
Posts
7
Votes
Phil Shelton
7
Votes |
22
Posts

Exploring Rental Loss Write-Offs for Qualified Real Estate Professionals with $150K+

Phil Shelton
Posted

Can a qualified real estate professional with a W-2 income above $150,000 be allowed to write off rental losses on my tax returns?

Most Popular Reply

User Stats

1,193
Posts
772
Votes
Sean O'Keefe
  • CPA | Accepting new clients | 50 States
772
Votes |
1,193
Posts
Sean O'Keefe
  • CPA | Accepting new clients | 50 States
Replied
Quote from @Phil Shelton:

Can a qualified real estate professional with a W-2 income above $150,000 be allowed to write off rental losses on my tax returns?

Based on what you say, yes.

You still need to meet material participation requirements.

REPS and material participation are annual tests.

Keep in mind there are lose limitations even for REPS.

  • Sean O'Keefe
  • [email protected]
  • txt 6282410888
  • Loading replies...