Correctly reporting rental real estate

Federal, State, Local and International Taxes – Individuals who are not real estate professionals are generally subject to passive activity loss limitations even if they materially participate in the rental.

Real estate professionals report rental real estate activities in which they materially participated as non-passive. But, real estate professionals who do not materially participate in the rental activity are generally subject to passive activity loss limitations.

For more information contact us today for no obligation free consultation!

ABA Tax Accounting

Amare Berhie, Senior Tax Accountant


866-936-0430 Toll free

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