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Passive activity loss can be useful in offsetting other passive income, but hoarding it may not be the best strategy.
It does not provide long-term benefits and may limit future deductions.
Learn more about it here, and join our network!
Visit https://simplepassivecashflow.com/club to join.
Hosted on Acast. See acast.com/privacy for more information.
By Lane Kawaoka, PE5
11 ratings
Passive activity loss can be useful in offsetting other passive income, but hoarding it may not be the best strategy.
It does not provide long-term benefits and may limit future deductions.
Learn more about it here, and join our network!
Visit https://simplepassivecashflow.com/club to join.
Hosted on Acast. See acast.com/privacy for more information.