Skip to content
Tax, SDIRAs & Cost Segregation

User Stats

8
Posts
1
Votes
Edgar Jimenez
  • Flipper/Rehabber
  • Bay Area, CA
1
Votes |
8
Posts

Can I offset my W2 Income through Negative Rental Income?

Edgar Jimenez
  • Flipper/Rehabber
  • Bay Area, CA
Posted Dec 7 2022, 20:36

After depreciation, maintenance, property taxes, and insurance, I am technically losing money on this year's rental income (only rented my property during Q4). Can I offset my W2 income with this loss or would my net rental income be $0?

Loading replies...