If your rental property produces "paper" losses, how and when can you use them against your earned income from a job or small business?

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⏱ Timestamps ⏱

00:00 Topic: Real Estate Passive Activity Losses
01:00 Active/Earned Income vs. Passive Income
03:35 What are "Paper Losses"
05:03 Passive Investor Status
06:26 Active Investor Status
09:17 Real Estate Professional Status
11:05 Summary & Takeaways

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