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Updated over 5 years ago,

Ellen A.'s profile image
Ellen A.'s profile image
Ellen A.
  • Member since Jan 19, 2019
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50
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11
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Ellen A.'s profile image
Ellen A.'s profile image
Ellen A.
  • Member since Jan 19, 2019
Connect
Ellen A.
11
Votes |
50
Posts
Tax, SDIRAs & Cost Segregation

Tax benefits? Real Estate Professional Designation?

Ellen A.
Posted

I now have 3 rental properties and 1 primary residence. 2 of the rental properties are doing great but the other 1 is turning into quite the money pit. We hope to spend a lot to fix it this year and maybe next year make money. Please let me know if there is anything I can do to get tax benefits for the losses. Someone mentioned I may need a Real Estate Professional Designation. Any help is appreciated!!

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