4min chapter

The BetterLife Podcast: Wealth | Real Estate Investing | Life cover image

Slash Your Tax Bill and Shield Your Wealth! My Real Estate CPA and Attorney Explain How

The BetterLife Podcast: Wealth | Real Estate Investing | Life

CHAPTER

Maximizing Tax Benefits in Real Estate Investing

Exploring the crucial role of specialized attorneys and CPAs in navigating the complex tax code for real estate investors, drawing parallels to the medical profession. Understanding the impact of being a real estate professional in the tax realm, and how it influences tax obligations regarding rental income and losses through passive losses and active participation rules.

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