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Any tax/CPA mastermen here? Passive loss against portfolio incom

Is it ever possible to deduct passive losses against portfol...
Judgmental stock car
  07/20/14


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Date: July 20th, 2014 9:15 PM
Author: Judgmental stock car

Is it ever possible to deduct passive losses against portfolio income? I seem to be getting inconsistent answers from google - one article suggests I can deduct the passive loss when I dispose of the property and can offset it against portfolio income in that year.

Say I get K-1s every year with losses, when could I use those to offset interest/dividends?

(http://www.autoadmit.com/thread.php?thread_id=2623986&forum_id=2#25971299)