Using Passive losses against 1099 income

[Account Closed]

I know if someone is qualified as a real estate professional, they can use passive losses against active income, but what about the short-term rental loop hole? I know if you "materially participate" in managing the short-term rental, you can use passive losses against active income for that property, but what about other long-term rentals? In other words, If I buy/manage a short-term rental, can I then use passive losses and depreciation from other long-term rentals against my active income "1099" income?