If your rental property produces "paper" losses, how and when can you use them against your earned income from a job or small business?

Enroll In My Course Small Business Taxes: From Knowing Nothing to Savings Thousands

https://navimarajcpa.com/

Setup your LLC or Corporation for FREE

FileYourBusiness.com: https://www.fileyourbusiness.com/
Inc Authority: http://bit.ly/incauthoritycoupon
IncFile: http://bit.ly/incfilecoupon
ZenBusiness: http://bit.ly/zenbusinesscoupon

⏱ Timestamps ⏱

00:00 Topic: Real Estate Passive Activity Losses
01:00 Active/Earned Income vs. Passive Income
03:35 What are "Paper Losses"
05:03 Passive Investor Status
06:26 Active Investor Status
09:17 Real Estate Professional Status
11:05 Summary & Takeaways

If you learned something from this video, please like and subscribe and follow me on my various social media handles below. If you would like to contact me with a specific question, please visit my website or leave me a comment.

Website: https://www.navimarajcpa.com
Email: [email protected]
Instagram:   / navimarajcpa  
LinkedIn:   / navimarajcpa  
Twitter:   / navimarajcpa  
Facebook:   / navimarajcpapllc107003020774608  


This video was created for informational purposes and it is not to be construed as legal and tax advice specific to your unique situation. The above links to my video and audio gear are affiliate links. Some of the links above are affiliate links which means that if you purchase a product or service with the provided link, I may receive a commission with no additional cost to you.

© Navi Maraj CPA PLLC. All rights reserved.

#RealEstate #PAL #PassiveIncome