Check my work Anwer owns a rental home and is involved in maintaining it and approving renters. During the year he has a net loss of $12,500 from renting the home. His other sources of income during the year were a salary of $115,750 and $23,600 of long-term capital gains. How much of Anwer's $12,500 rental loss can he deduct currently if he has no sources of passive income? eBook Print Deductible rental loss