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Qualifying as a Real Estate Professional: What It Means and Why It Matters for Tax Planning

Under default IRS rules, rental real estate activities are considered passive, regardless of how much time the taxpayer spends managing properties. Passive losses generally can only offset passive income, and unused losses must be carried forward. However, taxpayers who qualify as real estate professionals may treat rental activities as nonpassive, which allows: ✔ The ability

By |2025-12-15T21:58:53+00:00January 5th, 2026|Categories: Individuals|Tags: , , , , , , , , , , |

Cost Segregation – How it works and when to use

Cost Segregation is one of the big words use by tax gurus and tax strategists to potentially make you pay less taxes. Cost segregation is simply accelerating depreciation on real estate assets that are usually subject to 27.5 residential and 39 commercial to some items (parts of the building) at 5, 7 or 15 years

By |2024-11-18T01:23:46+00:00January 13th, 2025|Categories: Individuals|Tags: , , , , , , , , , , , |
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