The September 2025 U.S. employment report, delayed by the government shutdown, showed that employers added 119,000 jobs, more than double the expected 50,000.

. 📊 September Jobs Report: Strong Hiring, Rising UnemploymentThe delayed September Jobs Report finally hit and it came in mixed.

If one spouse qualifies for reps and materially participates in the rental activity, then all the rental activity should be eligible to write off any losses against active income to better help, can you describe how your mom is a real estate professional?

Does my wife's REP status allow me to deduct passive losses from the 2 rentals properties against our active income, or does the fact that she does not materially participate in managing the rentals prevent us from doing that?

Most of our clients in similar situations don’t withhold once their real estate losses offset their W-2 income.

But is that a $100 "loss"?

I thought it was an actual loss.

Working a fulltime job and investing is simple when you have a trusted team and partners.

Investors are positioning ahead of the release of backlogged economic data, including the September jobs report, and monitoring Fed commentary.

You cannot qualify for REPS - real estate professional status - if you have a regular full-time W2 job.