
245.0K
NAQuitting your job leads to more household income?
The IRS lets you write off a building that's going up in value?
Real estate professional status is one of the most misunderstood tax strategies on the internet and almost every video explaining it gets at least one thing wrong.
It's not about how much money you make from real estate, it's not about quitting your corporate job, and no you cannot deduct an entire property in one year no matter what anyone tells you.
Real estate is packed with lucrative tax advantages when properly setup, and that is not a loophole, that is by design straight from the IRS code.
In this video I am going to go over many real estate topics like real estate professional status, depreciation, cost-segregation studies, and other tax related topics.
#taxes #taxadvice #taxtok #irs #writeoffs
@naderaccountancy










