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ok husband

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ok husband

Re: TRADE-O-PUSS post# 12419

Friday, 12/26/2014 4:28:25 PM

Friday, December 26, 2014 4:28:25 PM

Post# of 38496
you are absolutely right. the key is taxable income.. think about it taxable income that is earned income from what you do for a living ,active income, passive income is investment income, apt buildings,rentals investments like stocks. if you have 144k in rental income and you lost 10 yrs ago and have a carried loss of 144k carried forward you would pay no tax n the passive $144k rents that year not a limit of $3k ...
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