Passive loss
Passive loss
Passive loss is negative income resulting from a passive activity. A passive activity is an endeavor which doesn't require or receive an individual's material participation, such as owning a property rental. From a tax perspective, passive losses resulting from passive activity can't be used to offset gains resulting from active activities.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed | 4.39 |
| 5/1 ARM | 3.69 |
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