ilmscore | Prediction Details
"at the time I'll be recording this video in order for you to be able to deduct this loss against your ordinary income your income from your job you have to to be making under $100,000 a year and after $100,000 a year this deduction gets faded out up until $150,000 a year and the maximum that you can deduct is $25,000 in one year"
By Minority Mindset | December 3, 2023 | Pending
From video
Make Your First Million In Real Estate 00:10:51 - 00:11:12
Interpreted Prediction
To deduct real estate losses against ordinary income, income must be under $100,000. The deduction phases out between $100,000 and $150,000, with a maximum annual deduction of $25,000.

Prediction Details

Topic
Real Estate Loss Deduction Limits

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