
Tuesday Jul 18, 2023
36 \\ The Tax Trap of Real Estate Investing: What You’re Not Being Told
Are you investing in real estate or thinking about it but unsure how it affects your taxes? In this episode, we’re diving into the real deal on real estate tax benefits, specifically the rules around real estate losses. Many people jump into real estate expecting huge tax savings, but the IRS has strict guidelines you need to know to truly benefit.
We’ll explain the difference between passive and non-passive income, the $25,000 loss limit, and how your income level can impact deductions. Plus, we’ll cover ways to get around limitations, like qualifying as a real estate professional or using self-rental strategies.
Whether you’re just starting or already investing, this episode is packed with insights to help you maximize your tax savings. Tune in and take control of your real estate investments! Don’t forget to share with fellow investors who want to save big too!
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
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