Tax Smart Real Estate Investors Podcast cover image

217. Understanding the Unexpected Impact on REPS When Married Filing Separately

Tax Smart Real Estate Investors Podcast

00:00

How to File a Joint Return and Use the Real Estate Professional Status

In Oderio TC memo 2014 dash 39 that's tax court case where one spouse qualified as a real estate professional, the other did not. If you're looking to use the real estate professional status, it's generally better to file a married phone joint return if you both want to get the benefits. With the short term rental loophole, you generally do not have to worry about that because both spouses time counts even if you file separately.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app