How to Best Utilize Passive Losses w/ Brandon Hall

Summary: In this podcast you will learn how to best utilize your passive losses.

Accredited Investors

How you can re-characterize your passive losses as non-passive so you can offset your other non-passive income from your day job. One of the ways to do this is to achieve Real Estate Professional status. Currently the requirements are that you must:

1. Spend 750 personal service hours in a real property trade or business (ex. GP in a deal or actively manage real estate properties),

2. Spend more than 50% of your time in real estate than anywhere else (this typically kicks out the W2 workers),

3. Materially participate in your rental portfolio.

Non-accredited Investors

If you make less than $100,000 you are allowed up to $25,000 in passive losses, once you make above $100,000 those passive losses will start to phase out $1 for every $2 above $100,000. For example if you make $110,000 you will only be allowed up to $20,000 passive losses. After $150,000 of adjusted gross income (AGI), your passive losses will be totally phased out. There are some ways to work around this, such as investing into your 401k so you can drop your AGI.

🎥 Link: https://youtu.be/umCsNG8sLNc

Website Link: https://simplepassivecashflow.com/how-to-best-utilize-passive-losses-w-brandon-hall/

🎁 Free Goodies & Reach out to Lane 👉 https://linktr.ee/laneKawaoka

Start learning about real estate investing - SimplePassiveCashflow.com/start

Subscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast...

_________________________

Top SimplePassiveCashflow Posts:

This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics.

Events – SimplePassiveCashflow.com/events

Past Projects - crowdfundaloha.com/past-projects/

Simple Passive Cashflow’s Investor Friend Finder!!! –SimplePassiveCashflow.com/friends

Menu of Investing Options – SimplePassiveCashflow.com/menu

LaneHack – SimplePassiveCashflow.com/lanehack

Passive Investor Accelerator eCourse - SimplePassiveCashflow.com/ecourse

Passive Investor Accelerator eCourse & Mastermind - SimplePassiveCashflow.com/journey

Coaching – SimplePassiveCashflow.com/coaching

Join our Private Investor Club – SimplePassiveCashflow.com/club

Join our Team – SimplePassiveCashflow.com/jointeam

Our Mission – SimplePassiveCashflow.com/mission

Partner Opportunity – SimplePassiveCashflow.com/partner

Products I support – SimplePassiveCashflow.com/products

About Lane Kawaoka – SimplePassiveCashflow.com/about-me

Quarterly Investor Updates – http://simplepassivecashflow.com/inve...

SPC YouTube Channel – https://www.youtube.com/channel/UC3cI...

Real Estate Book Recommendations – SimplePassiveCashflow.com/books

Backwards Engineering Happiness – SimplePassiveCashflow.com/happy

Rental Property Analyser – SimplePassiveCashflow.com/analyser

Visit Lane in Hawaii – SimplePassiveCashflow.com/retreat

Start Here – http://simplepassivecashflow.com/start

Ultimate Simple Passive Cashflow Guide to…

1031 Exchanges – Simplepassivecashflow.com/1031guide

Newbies – SimplePassiveCashflow.com/noob

Infinite Banking – SimplePassiveCashflow.com/banking

Your Opportunity fund – SimplePassiveCashflow.com/ofund

Taxes – SimplePassiveCashflow.com/tax

Tradelines – Simplepassivecashflow.com/tradelines

Turnkey Rental Guide: simplepassivecashflow.com/turnkey

Syndication Guide – simplepassivecashflow.com/syndication

Crowdfunding – SimplePassiveCashflow.com/crowdfunding

Networking – SimplePassiveCashflow.com/people

Private Money Lending – SimplePassiveCashflow.com/lend

Investing in Coffee/Cocoa – SimplePassiveCashflow.com/coffee

Investing in Non-Preforming Notes – SimplePassiveCashflow.com/ahp

Rent don’t buy – SimplePassiveCashflow.com/home

Investor Fallacy: Return of Equity – SimplePassiveCashflow.com/roe

How to Calculate Investment Returns – SimplePassiveCashflow.com/returns

Why you should break up with your Financial Planner – SimplePassiveCashflow.com/fp

Quitting your job – SimplePassiveCashflow.com/quit

Hosted on Acast. See acast.com/privacy for more information.