ilmscore | Prediction Details
"if your gross adjusted income is $100,000 or less you may deduct up to $25,000 of rental losses above $150,000 you can't deduct anything"
By Minority Mindset | September 27, 2024 | Pending
From video
7 Tax Loopholes Only Rich People Understand 00:08:42 - 00:08:54
Interpreted Prediction
Individuals with a gross adjusted income of $100,000 or less may deduct up to $25,000 in rental losses against active income, with deductions phasing out completely above $150,000.

Prediction Details

Topic
Deducting Rental Losses Against Active Income

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.