Dive deep into a niche yet powerful facet of the tax code that every high-net-worth individual should know about.
The Real Estate Professional Status (REPS).
Tailored for affluent real estate investors and those looking to enter the space, this podcast provides a comprehensive guide on how to qualify for REPS and harness its benefits to supercharge your investments.
Through engaging, conversational interviews with tax experts and seasoned investors, we unravel how REPS impacts real estate depreciation and offer strategies to optimize your tax bracket.
Whether you’re a seasoned investor or just starting out, this podcast is your ultimate guide to understanding and leveraging the Real Estate Professional Status.
Join us as we shed light on a topic that, until now, hasn’t been explored in-depth, and unlock the secrets to maximizing your real estate investment potential.
All content for The Real Estate Professional Status is the property of Asher Fried and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Dive deep into a niche yet powerful facet of the tax code that every high-net-worth individual should know about.
The Real Estate Professional Status (REPS).
Tailored for affluent real estate investors and those looking to enter the space, this podcast provides a comprehensive guide on how to qualify for REPS and harness its benefits to supercharge your investments.
Through engaging, conversational interviews with tax experts and seasoned investors, we unravel how REPS impacts real estate depreciation and offer strategies to optimize your tax bracket.
Whether you’re a seasoned investor or just starting out, this podcast is your ultimate guide to understanding and leveraging the Real Estate Professional Status.
Join us as we shed light on a topic that, until now, hasn’t been explored in-depth, and unlock the secrets to maximizing your real estate investment potential.
In this enlightening episode, we delve deep into the complex world of real estate taxation with the expertise of seasoned CPA, Colleen Krcelich.
With her extensive experience, Colleen brings a wealth of knowledge, to the evolution of the paper loss. She takes us back in time what real estate investing was like in the 80's before the passive rules were put in place and how we got to where we are today .
Throughout the conversation, we traverse the historical landscape of real estate tax laws, discussing significant changes from the 1980s to the present day.
Colleen provides a lucid explanation of the Tax Reform Act of 1986, the introduction of 'REP Status' in 1993, and the implications of the 2017 tax cuts, especially regarding bonus depreciation in real estate.
Colleen also sheds light on the intricate details of material participation tests, offering practical insights for real estate investors to navigate these rules effectively.
Her discussion on the complexities of passive vs. active income, and how these classifications impact tax liabilities, is particularly enlightening.
Furthermore, the episode covers strategies for maximizing tax benefits in real estate, including the nuances of short-term vs. long-term rentals, and the importance of understanding IRS regulations to make informed investment decisions.
Colleen's expertise demystifies the complex world of the real estate professional status, providing listeners with actionable advice to optimize their investments and stay compliant with ever-evolving tax laws.
Join us for this deep dive and arm yourself with the knowledge to make smarter, more informed investment decisions.
Want to connect with Colleen?
colleen@bizsupportllc.com
Facebook
Want to connect with me?
Afried@madisoncres.com
Facebook
Linkedin
Text 908-783-1572
The Real Estate Professional Status
Dive deep into a niche yet powerful facet of the tax code that every high-net-worth individual should know about.
The Real Estate Professional Status (REPS).
Tailored for affluent real estate investors and those looking to enter the space, this podcast provides a comprehensive guide on how to qualify for REPS and harness its benefits to supercharge your investments.
Through engaging, conversational interviews with tax experts and seasoned investors, we unravel how REPS impacts real estate depreciation and offer strategies to optimize your tax bracket.
Whether you’re a seasoned investor or just starting out, this podcast is your ultimate guide to understanding and leveraging the Real Estate Professional Status.
Join us as we shed light on a topic that, until now, hasn’t been explored in-depth, and unlock the secrets to maximizing your real estate investment potential.
