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Radical Personal Finance
How to Deduct Passive Losses from Active Income in Real Estate Investing
You can't deduct passive losses against active income beyond $3,000 per year. To benefit from larger passive losses, you can try to become a full-time professional real estate investor. The spouse can become a full-time active investor while the other spouse maintains their job or business. This allows for more deductions against business income and creates an efficient wealth-building structure.
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