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 Passive Investor or an Active Investor?
When you are investing in real estate, you have two buckets of income. In my passive bucket is every rental property that i own unless i qualify as a real estate professional. And any trade or business where i do not materiall participate. But by default, those tax losses from that rental real estate that i just cosseged, by default, it stuck in the passive bucket. So i have to try to figure out how to get out of the passive bucket into the non passive bucket so that i can offset my c p a from income.
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