Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 13 years ago,

User Stats

838
Posts
295
Votes
Chris Masons
  • Investor
  • Union, NJ
295
Votes |
838
Posts

Question on 25k passive loss phaseout

Chris Masons
  • Investor
  • Union, NJ
Posted

Silly question but I just cannot remember the answer:

Regarding this passive loss allowance that gets phased out @ 150k of w-2 income If for ease of example I make 150k of W-2 income but I contribute 15k to my company 401k does this give me the AGI income of 135k which would qualify me for a small passive loss deduction in said tax year, OR is it based on your income before any of these types ofo deductions?

as always thx in advance,
Chris

Loading replies...