SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice

36 \\ Real Estate Tax Traps: How to Use Losses the Right Way

Jul 18, 2023 · 15 min · 18.9 MB
0:00-15:13

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Investing in real estate can bring big tax benefits—but only if you know how to use them. In this episode, we unpack the truth about real estate tax losses and why so many investors get caught in tax traps. Learn the key differences between passive and non-passive income, the $25,000 loss limitation, how high earners lose out on deductions, and strategies like self-rental, grouping, and qualifying as a real estate professional. We also explain why short-term rentals like Airbnb follow a different set of tax rules and how to make sure you get every deduction you’re entitled to. If you own rental properties or are thinking about investing, this episode will help you avoid mistakes and maximize your tax savings.

 

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