$25k Passive Loss to Offset Ordinary Income

[Manson C.]

Hello. My adjusted gross income is under $100,000, and so the passive loss (including phantom loss from depreciation, deductions from mortgage interest and property tax, etc.) from my rental properties will be offsetting my ordinary income by a maximum of $25,000 each year. Any offset above the $25,000 each year is carried over to the following year.

Since I plan on keeping those rental properties, I anticipate to be maxing out the $25,000 of offset each year. In this case does it even make sense for me to acquire more rental properties in the future? Passive loss coming from any additional rental properties will not provide additional tax benefits, since I will already be maxing out the $25,000 of offset each year. Am I thinking about this correctly?