W2 employees and RE Pro Status

[Melanie Baldridge]

Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.

This is exactly what real estate professionals have learned to mitigate.

To reduce their taxable income, they buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.

Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.

Following this strategy as a real estate professional is one of the best ways to end up with a much larger net worth at the end of your career.