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Old 01-06-2009, 11:16 PM
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Join Date: Jan 2009
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When can an Individual offset real estate losses against other income?

Could you please explain under what circumstances Real Estate Losses can be offset against earned income or W-2 income? I have incurred losses from my Real Estate business and my spouse has W-2 Earned income, would it be possible for me to deduct these losses against my spouses W-2 income?

Thanks in advance!



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