Written by: on , Information Verified by a CPA.

The Excess Business Loss Tax Trap [Tax Smart Daily 022]

A Short Read

Topics

Table Of Contents

    Any loss in excess of business income is referred to as an excess business loss. Let's discuss the constraints on excess business loss and why real estate investors should be mindful of how excess business loss affects them. 

    Watch this video from The Tax Smart Real Estate Investors YouTube channel.

    Listen in to learn:

    • The excess business loss limitation
    • The problems that real estate investors encounter with excess business loss

    Subscribe to the YouTube channel for more answers to real estate tax questions!

    Recent Articles

    ★★★★★

    Hall CPA PLLC, real estate CPAs and advisors, helped me save $37,818 on taxes by recommending and assisting with a cost segregation study. With strategic multifamily rehab and the $2,500 de minimus safe harbor plus cost segregation, taxes on my real estate have been non-existent for a few years (and that includes offsetting large capital gains from the sale of property).

    Mike Dymski - Business Owner