Capital gain or W2 income to write off losses from rental?

[Nick Pan]

Hello,

I expect to have about $10000 losses from rental properties in 2020. Is there any way I can write off the loss using capital gains (from my stock investment) or using W2 income? 

Or alternatively, how to best utilize this loss this year or in the futures for tax planning?

Thank you.

[Justin Brickman]

I wanna say writing it off against W2 income would be ideal, and you can save depreciation for another year 

[Ashish Acharya]

Quote from @Nick Pan:

Hello,

I expect to have about $10000 losses from rental properties in 2020. Is there any way I can write off the loss using capital gains (from my stock investment) or using W2 income? 

Or alternatively, how to best utilize this loss this year or in the futures for tax planning?

Thank you.

Nick, depending on your AGI level, if your household qualifies as REP, or type of property, you might or might not be able to take the losses. 

As you can see there are lots of variables and rules.