Limit to how many years you can take a loss against w2?

[Juan Contreras]

I make under the limit to be able to deduct 25k against my w-2 teaching income.  Is anyone aware of there being a limit to how many years you can consecutively take a loss? I am not sure of how pissed the IRS would be if I took 20k against my income for the next 5 years.  

[Natalie Kolodij]

I love when Lenders try to give tax advice. 

Showing losses infinately for those who meet the IRS qualifications is not an issue at all. 

If you make under $100k a year, forever, and buy 1 new house annually, cost seg, and generate $25k of loss annually this shoudln't be an issue. This is incredibly common. 

Other items worth noting here: 

MOST short term rentals shoudln't be on schedule C. 

Being a "self employed " real estate investor isn't a thing per tax laws. That's general phrasing from someone who doesn't know tax legalities. 

Having losses on rentals due to depreciation are typically added back for lending purposes and won't hurt you. 

And the 3 year rule relates to hobby income rules and the IRS and 162 and 469 are totally different code sections and I doubt the IRS will ever take the stance someone is renting rentals as a hobby. Never seen that court case.