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19 March 2020 | 44 replies
I listed the ways you can use those losses above - Qualify or have a spouse qualify as RE pro - Have passive income (passive losses can always offset)-Create a bigger picture plan for losses as in the year a property is disposed of all the prior disallowed losses become available to deduct (You can potentially sell a property tax free from prior losses banked up)No there is no secret way to get a HUGE benefit without qualifying for it.
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6 August 2020 | 5 replies
Its currently under construction with a huge sign on it so its no secret....I just don't think anyone is really thinking 3-5 years down the road what that means for the area in which it is being built.