Tax Question From Today's BP Podcast

[Mark Tanner]

On today's Bigger Pockets Podcast, Amanda Han said the following: "Let’s say you’re someone who is a high W2 income earner and you’re at the over 50% tax rate between federal and state. So even if you have a small single family residential, and you get 30,000 more in depreciation, that saves you 15,000 of cash, right?". 

My understanding was that, unless you are are a "real estate professional", if you make over 150,000 of W2 income then you cannot offset your W2 income with your real estate book losses. (I realize you can carry the real estate losses forward each year but, as far as I understand, you cannot take advantage of it until a year that you make less than 150,000). 

Am I missing something, or was this simply a mistake by Amanda?