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Updated over 1 year ago,

User Stats

55
Posts
9
Votes
Joe Liu
  • Beaverton, OR
9
Votes |
55
Posts

Is there a loophole or workaround for PAL without being a REP?

Joe Liu
  • Beaverton, OR
Posted

Is there a way around the PAL as an investor who maybe just purchased their first investment property, both husband and wife work a w2 job, make $200k+ so the PAL doesn't give them any benefit, but the plan is to keep buying more properties and grow the porfolio? Seems like they won't really get any tax benefits in the current example but could they not create an LLC of some sort to try and create a work around 'loss' against their w2 income without being REP? Thanks!

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