I thought it was an actual loss.

But is that a $100 "loss"?

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?

Quote from @Santos Lopez: I heard that there's a way to deduct short term rental losses against earned income (e.g.

I have never sold at a loss.

.: Quote from @Matthew Hamilton: When it comes to how income and losses show up on your tax return, everything generally falls into one of two categories: passive or non-passive. • Passive losses can only offset passive income.• Non-passive losses can offset both non-passive and passive income.W-2 income is non-passive, and in most cases, capital gains from selling investments (brokerage accounts, crypto, etc.) are also non-passive.Real estate losses, by default, are considered passive.There are two main ways to convert those real estate losses into non-passive losses (which is what you’d need to offset W-2 income):1.

As with all the other investors with CALM INVESTMENTS was never compensated for any of my losses, which was every penny put in his Company.

So at this point, I either sell at a one-time, bigger loss,  or keep renting it out and take smaller losses every month until the market recovers. 

As with all the other investors with CALM INVESTMENTS was never compensated for any of my losses, which was every penny put in his Company.

As a partner, I felt badly about the financial losses suffered by our investors.