Ep 101 - How to Be a Tax Smart Investor | with The Real Estate CPAs Brandon Hall & Thomas Castelli
Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing
00:00
Real Estate Professional Status
There's over 500 tax cort cases dedicated to the real estate professional status because people continuously abuse it and get it wrong. So being that this is one of the more lucrative tax tragies, but also the most litigated, you want to make sure you're doing this right. The i r s was notnd well funded, they didn't have many agents and had historic low audit rates. And with their deirus gattng 80 billion dollars and new funding, they're going to hire over 87 thousand new agents,. which is more than doubling their work force.
Transcript
Play full episode
