In this week's Tax Smart REI episode, Ryan is joined with Nathan Sosa, a Senior Tax Advisor at Hall CPA to dive into a new court case related to real estate professional status.
This continues to be a heavily audited topic and with additional IRS funding, the audits will only increase from here.
If you're curious about what factors led to this taxpayer losing in court and what they could have done differently, don't miss this episode.
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Court Case: https://www.therealestatecpa.com/blog/tax-court-denies-real-estate-professional-status-for-carriage-house-investor
Checkout Thomas's new YouTube channel: www.youtube.com/@thomascastelli
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