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Updated about 2 years ago,

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4
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4
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Robert Fowler
4
Votes |
4
Posts

Tax implications for accepting new position at work?

Robert Fowler
Posted

I work full time for a property management company as a property manager and was recently offered an opportunity to work in corporate. My job title would change to "Systems Manager" or something similar. I also hold a real estate license and want to benefit from cost segregation and bonused depreciated to offset my W-2 income. I understand this can only be done if you can prove that 51% of your time is being spent on "real estate activities", but I wonder if my position as a property manager would count as a real estate activity for tax purposes? 

Any input is greatly appreciated! 

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