How to Obtain “Real Estate Professional Status”: A Major Tax-Saving Opportunity
American Apartment Owners Association
DECEMBER 18, 2024
Written by Jason Malabute , CPA As a CPA with a focus on real estate investors and a real estate investor myself, Ive experienced firsthand how valuable it is to qualify as a real estate professional under the tax code. This isnt just a theoretical advantageits a powerful tool that can significantly impact your financial picture. Both for my clients and my own portfolio, achieving real estate professional status (REPS) has been an essential strategy for reducing taxable income and creating oppor
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