Questions:For investment property, you are obligated to claim the 27.5 year depreciation, on the other hand, once your AGI exceeds 150,000 then you can't claim any loss, so1) Is the 150000 limit applied to the depreciation loss? I got conflicted info2) What are acceptable proofs to IRS that you work at least 750 hours per year (about 14 hours a week) on their real estate activities while you have a full- time job?==================================================================================來源: montavista 於 07-06-12 13:07:45 [檔案] [博客] [舊帖] [轉至博客] [給我悄悄話] 回答: Question to miet42/montavista or any 大霞 由 tellwont 於 2007-06-12 12:47:16 1. Definition of loss:Rental income - misc. expense - depreciation
RE Loss limits Questions
JR98 (2007-06-12 17:44:13) 評論 (1)Questions:For investment property, you are obligated to claim the 27.5 year depreciation, on the other hand, once your AGI exceeds 150,000 then you can't claim any loss, so1) Is the 150000 limit applied to the depreciation loss? I got conflicted info2) What are acceptable proofs to IRS that you work at least 750 hours per year (about 14 hours a week) on their real estate activities while you have a full- time job?==================================================================================來源: montavista 於 07-06-12 13:07:45 [檔案] [博客] [舊帖] [轉至博客] [給我悄悄話] 回答: Question to miet42/montavista or any 大霞 由 tellwont 於 2007-06-12 12:47:16 1. Definition of loss:Rental income - misc. expense - depreciation