Tax deduction for losses

[Alexi Polenur]

Hi,

I have couple of rental properties which currently generate losses (because of depreciation etc).

My accountant is telling me that I cannot deduct losses from my income because I make more then 150k at my day job. Thus I cannot take advantages of losses I have on my rental properties.

Any suggestion how I can put this losses to good use to decrease my taxes ?

I am open to any suggestions (forming LLC or what ever).

Thanks in advance for your help, Alexi