Individuals with modified AGI of $100,000 can deduct against active or portfolio income losses of up to $25,000 from real estate rental activities in which they actively participate.

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Quizplus · Accepted Answer

This is true according to IRS rules for real estate rental activities. However, the $25,000 limit is reduced by $1 for every $2 of modified AGI over $100,000 and completely phases out at $150,000.

Individuals with Modified AGI of $100,000 Can Deduct Against Active