Passive Loss
A loss incurred through a rental property, limited partnership, or other enterprise in which the individual is not actively involved.

Investopedia Says:
Passive losses can only be used to offset passive income, not wage or portfolio income.

Related Terms:
Capital Loss
Negative Gearing
Passive Income

• Qualified Acquisition Cost
• Qualified Adoption Expenses (QAE)
• Qualified Adoption Expenses (QAE)
• Qualified Disclaimer
• Qualified Distribution
• Qualified Dividend
• Qualified Domestic Institutional Investor (QDII)
• Qualified Domestic Institutional Investor (QDII)
• Qualified Eligible Participant (QEP)
• Qualified Higher Education Expense
• Qualified Institutional Buyer (QIB)
• Qualified Institutional Buyer (QIB)
• Qualified Joint And Survivor Annuity (QJSA)
• Qualified Opinion
• Qualified Retirement Plan
• Qualified Retirement Plan
• Qualified Savings Bond
• Qualified Special Representative Agreement (QSR)
• Qualified Special Representative Agreement (QSR)
• Qualified Terminable Interest Property (QTIP) Trust
• Qualified Terminable Interest Property (QTIP) Trust
• Qualified Trust
• Qualifying Disposition
• Qualifying Investment
• Qualifying Ratios