Latest / Tax Smart Real Estate Investors Podcast
202. Will Qualifying as a Real Estate Professional Help If You Have Passive Income (vs. Losses)?
If a rental activity is passive and you qualify as a real estate professional and materially participate in the rental activity, then the rental loss will be considered non-passive. You will be able to claim the tax losses that your rental is producing every single year. But what happens if you don't have rental losses? Let's find out in today's episode! Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa Join our Facebook group, the one-stop-shop for real estate investors to learn about tax strategy and stay up to date on changing tax laws…
The skinny
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