Thinking about investing in real estate to lower your tax bill? Not so fast. In this episode, Jeff Trapp of the Jeff Trapp Podcast breaks down a common misconception about real estate professional status and why it won’t automatically free up your old passive losses.

Jeff also shares key tax planning reminders for 2025, what’s happening with tariffs and the economy, and how to stay focused on building your personal economy — no matter what the markets are doing.

If you’ve been wondering how to actually use passive losses or what real estate professional status really means, this episode is for you.

Don't miss out on opportunities to save — book a call with our team today at https://www.thetaxplanningpros.com/contact-us and start planning for the future. Don't forget to like and subscribe, and share with anyone you know who could benefit from this information.