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Updated over 7 years ago,
Real Estate Professional: Denver
After speaking to a few investors who have had skin in the game now for over a decade, several mentioned the idea of having one person (wife or myself) become a real estate professional and then start the business of investing etc. This then has the advantage of not limiting the passive income loss filing for tax purposes.
curious if people on here have some thoughts pro/con on this as well as peoples experience on how this would even work in the Denver area (ie requirements to do so, how to maintain this title, etc).
mean while i will continue to read up on it...seems CO requires like 168 hours of class and then passing the test at a min.
thanks all
Bo