Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Great way to pay little to no taxes!?!?
For all my fellow Relators out there. We've ALL heard that if you are a full time real estate entrepreneur you can offset a large amount, if not all, of your tax liability by investing in real estate and selling it at the same time (or other activates that involve over 750+ hours of acting in a real estate capacity)
Well this is my first year doing that and I would love to hear how it's working for a more seasoned real estate professional using this tax strategy. If you are comfortable please share your tax liability and how much you were able to offset or how it worked out overall for you? Please share in the comments below! :-)
TIA!