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8582 K Kentucky Passive Activity Loss Limitations Form

8582 K Kentucky Passive Activity Loss Limitations Form

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in this video we're going to talk about real estate passive activity losses so what is that what does that mean right it's kind of a mouthful so basically if you invest in real estate and that real estate produces a loss so your monthly rental income comes in and when you deduct all your expenses you produce a loss what can you do with that loss can that loss offset other income that you have can it offset income from other rental properties how does all that work so if you're a real estate investor or you plan on becoming one you might want to watch this video so you can kind of understand this concept of real estate passive activity losses that's the sort of official sort of irs lingo when it comes to talking about this topic okay so i've prepared something for you that i'd like to go through with you so i've got some slides here to kind of visualize um sort of the education that i'm giving you while we while we go throu

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