Skip to main content
Level 1
June 9, 2022
Question

K-1 Losses for a Real Estate Professional

  • June 9, 2022
  • 2 replies
  • 3 views

Does a Real Estate Professional get to deduct all K-1 flow through losses from Real Estate Activities?

This topic has been closed for replies.

2 replies

sjrcpa
Level 15
June 9, 2022

Maybe.

Do they participate in those activities?

A real estate professional can have passive activities.

The more I know the more I don’t know.
qbteachmt
Level 15
June 9, 2022

You want to start with this Pub:

https://www.irs.gov/pub/irs-pdf/p925.pdf

 

Don't yell at us; we're volunteers