Tax deductions with real estate

[Meagan Ruxer]

My boyfriend is a physician wanting to invest in real estate with me. What are some of the tax deductions he could benefit from, since he is unable to get school loan interest deduction? 

I am thinking rental income landlord would work for him.

I generally feel bad for him, working so hard to complete medical school, he paid more in taxes last year than my taxable income :(

[Brandon Hall]

@Meagan Ruxer the other two posters indicated there are not tax break that he can currently take, however that's not 100% true.

What they mean is that if the rentals show a loss, the loss cannot be written off on his tax returns (if MAGI is >$150k).

But, rental real estate will absolutely have tax benefits. For instance, the money invested will be generating income that is largely tax free. So the benefit is that he's moving his income into tax deferred investments and the future income produced by those assets will be largely tax free.