20-19.Under passive loss limitation rules the limit of annual operating losses from a commercial real estate property that can be used to offset other positive income for the sole owner is:

Question

Quizplus · Accepted Answer

The limit of annual operating losses from a commercial real estate property that can be used to offset other positive income for the sole owner is $25,000 under passive loss limitation rules, as per the current IRS guidelines. Therefore, option D is the correct answer.

20-19Under Passive Loss Limitation Rules the Limit of Annual Operating