Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing cover image

Ep 80 - How to Make the Tax Code Work FOR You with Brandon Hall, CPA

Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing

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Are You a Real Estate Dealer?

If you own rental properties, you could potentially have a 25 thousand dollar deduction of taking passive losses against whatever your career field is. You do not need to be a real estate professional in this case. For the second bucket, you have to hold the property for a period of time. Can you flip it? That be, ah, you do not. It just needs to be a passive activity. Ah, and they pay very, very low tax rates, effect about zero, zero. Ye? I mean, o, if you can achieve zero, that's phenomenal. A, i think, exactbt, we lack a dream client. We have one client that does it out of our

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