abctax55
Level 15
03-01-2022
10:47 PM
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Being a real estate pro just means the rental loss(es) are not limited.
The losses don't directly offset Sch C income to reduce SE tax (if that's what you are really asking...).
They do act to reduce overall taxable income tho - are you saying that PS is not doing that?
HumanKind... Be Both