Are there any exceptions to the passive Loss limitation?

[barbgreenx]

My Client this year has a AGI phaseout  on his rental properties all single family homes.

There AGI this year is $188,000.00   The limit is $150,000.00 for MFJ.  They now owes $17,000.00

are there any new exceptions that I maybe able to use this year. Thank you in advance

B Green

[abctax55]

Nope.

Unless you can do something to reduce AGI.  Such as retirement plan contributions (SEP if self-employed, IRA if not), HSA contribution if qualified.

[Skylane]

Earn less money.

[barbgreenx]

The only thing different this year my client

took a distribution from his retirement account 

to cover some legal fees. This put him over

The limitation 

Thanks for your comment 

B Green