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Billy Ray owns several parcels of rental real estate, and he actively participates in managing the properties. His total loss from these activities in 2019 is $30,000 and his AGI for 2019 is $110,000.
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Billy Ray owns several parcels of rental real estate, and he actively participates in managing the properties. His total loss from these activities in 2019 is $30,000 and his AGI for 2019 is $110,000. How much of the disallowed loss from rental real estate activities may be carried over to future years?

User Nico Napoli
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Answer:

your answer is

$160,00

User Kjetil B Halvorsen
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