Depreciation Against Other Income Question - Posted by newbie

import · August 13, 2003, 8:12pm

Posted by Scott Lamontagne on August 17, 2003 at 22:22:49:

It can be claimed againts other RE income unless you can be considered a professional. Pick up a copy of Real Estate Tax Loopholes by Diane Kennedy / Garrett Sutton of the Rich Dad Advisor Series for more info.

import · August 13, 2003, 8:12pm

Posted by newbie on August 13, 2003 at 20:12:06:

Could all of a property’s depreciation expense be applied towards other income? Or may only the ‘leftover amount’ apply to other income?

Thank you!
All responses are appreciated,
newbie