Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

Flips & SSA: Strategies to avoid earned income but still REI
I did first flip in '17, at which time the CPA & I agreed to draw SSA at 66.5 yoa. Now, in '18 with 1 rental, he says 62 yoa in '19, if no earned income (to avoid tax on SSA. I have unearned income from military pension & disability, plus rent).
Since SSA is actuarially neutral, there's no reason to delay entitlement, especially since it'll only pay ~75% of current benefit ~2032, if not reformed.
While this seems to eliminate flips, thought I'd test the waters here for ideas on how to keep flipping with compensation, without triggering trouble. Thanks