Real estate losses
Varies
Can You Write Off Real Estate Losses?
Short answer: Rental losses are passive and limited; up to $25,000 may offset other income if you actively participate and earn under $100,000.
Losing money on the sale of your personal home is not deductible.
Records to keep: Keep receipts, statements (1098, 1098-T, 1099, W-2G), and a note of what each cost was for. Compare itemizing to the 2026 standard deduction before you claim.
BW-B22-00182
medium risk
Real estate losses
Varies
Individuals / Personal Taxes
Other Expenses
Personal Tax Deductions
Rental losses are passive and limited; up to $25,000 may offset other income if you actively participate and earn under $100,000.
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Rental losses are passive and limited; up to $25,000 may offset other income if you actively participate and earn under $100,000. Losing money on the sale of your personal home is not deductible.
Category
- Personal Tax Deductions
personal deduction
search demand 2026
losses
investments