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Updated almost 17 years ago,

John M.'s profile image
John M.'s profile image
John M.
  • Real Estate Investor
  • from Knoxville, TN
  • Member since Mar 12, 2008
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User Stats

98
Posts
13
Votes
John M.'s profile image
John M.'s profile image
John M.
  • Real Estate Investor
  • from Knoxville, TN
  • Member since Mar 12, 2008
Connect
John M.
  • Real Estate Investor
  • Knoxville, TN
13
Votes |
98
Posts
Tax, SDIRAs & Cost Segregation

Real Estate Professional?

John M.
  • Real Estate Investor
  • Knoxville, TN
Posted

What are the pros and cons of being considered a "Real Estate Professional" by the IRS. The main thing, as far as I can tell, is that the losses you can calim are not limited. Anything else? Searching for this topic turns up so much unrelated clutter that I can't find much good info.

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