Tax Smart Real Estate Investors Podcast cover image

172. Why it Crucial for Real Estate Investors to Review These 3 Forms Each Year After Filing Taxes

Tax Smart Real Estate Investors Podcast

00:00

How to Use Passive Losses to Offset Passive Income

You can use passive losses to offset passive income. Really important to understand to go to form 85 82 every single year and make sure that that netting effect is actually happening. You need to know how much you're carrying forward in terms of suspended passive losses. And especially when you switch c p a firms, because you want to make sure that your new pa firm has successfully carried forward all prior suspended Passive Losses.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app