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Can I offset private investment losses against taxable income like W2?

Only if you are part of the vacation rental. If you get a K 1 from that business it would carry to the 1040 to offset losses.

More Questions about Form W-2 2018

My Social Security Number Was Wrong On My W2 And The Company Said Can I Offset Private Investment Losses Against Taxable Income Like W2 How Do I File Taxes For 2018?
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