Will I Hit Real Estate Professional Status if I Get My Real Estate License? [Tax Smart Daily 010]

Item: Hall CPA PLLC
Rating: 5
Author: Mike Dymski - Business Owner

A Short Read

Topics

Tax Smart Video

Obtaining a real estate license alone will not qualify you for the real estate professional status. In order to earn the REP status, you must meet specific qualifications. Let's go through the details in this video from The Tax Smart Real Estate Investors YouTube channel.

Listen in to learn:

How taxpayers benefit from having the real estate professional status
How to qualify as a real estate professional
The advantage of having a real estate license

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

Enter Your Email Below To Subscribe To The FREE Tax Smart Investor^TM

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

Table Of Contents

Enter Your Email Below To Subscribe To The FREE Tax Smart InvestorTM

Recent Articles

Enter Your Email Below To Subscribe To The FREE Tax Smart Investor^TM