English
owe our success to you both. Great mentors like you [Chris & Maricela] have
helped tremendously!
with our four-plex renovation. Chris & Maricela are always a wealth of knowledge.
owe our success to you both. Great mentors like you [Chris & Maricela] have
helped tremendously!
with our four-plex renovation. Chris & Maricela are always a wealth of knowledge.
UNDER MANAGEMENT
(TX, TN, KY, NC)
UNDER MANAGEMENT
(TX, TN, KY, NC)
The best time to invest in real estate is now and with the right investment, you can see amazing growth in just 18 months.
The best time to invest in real estate is now and with the right investment, you can see amazing growth in just 18 months.
It takes less than you think to get started and with the right team you'll shorten your learning curve and increase your returns.
The best time to invest in real estate is now and with the right investment, you can see amazing growth in just 18 months.
The best time to invest in real estate is now and with the right investment, you can see amazing growth in just 18 months.
It takes less than you think to get started and with the right team you'll shorten your learning curve and increase your returns.
If you’re a new investor, busy business owner, or a highly taxed medical professional, you’ve probably heard the term "Real Estate Professional Status (REPS)" thrown around. It might sound complicated, but trust me, understanding REPS can be a game-changer for your finances.
In a nutshell, REPS is an IRS designation that lets you offset your active income—like your salary or business income—with losses from real estate investments. Normally, the IRS puts a cap on how much you can use these losses to lower your taxable income. But with REPS, you can wipe out those restrictions, allowing you to significantly cut your tax bill.
Qualifying for REPS isn’t as hard as it sounds, but it does require meeting two main criteria:
Material Participation: You need to be actively involved in your real estate activities. We’re talking about spending at least 750 hours a year on it.
More Than 50% of Your Time: Over half of your work hours across all your jobs need to be focused on real estate activities.
If you’re pulling in a high income, REPS can make a big difference:
Serious Tax Savings: Imagine being able to use your real estate losses to bring down your taxable income, potentially saving you thousands on taxes each year.
Build Wealth Faster: With the money you save on taxes, you can reinvest in more properties, speeding up your path to financial freedom.
Diversify Your Income: Real estate isn’t just about buying properties—it’s also about tapping into a new income stream with major tax benefits.
Achieving REPS is easier than you might think:
Use Time-Saving Tools: Property management software, virtual assistants, and other resources can help you meet those participation hours without overwhelming your schedule.
Get a Real Estate-Savvy CPA: Not every CPA knows the ins and outs of REPS, so it’s worth finding one who does to help you navigate the process.
If you’re serious about cutting your tax bill and boosting your wealth through real estate, REPS might be just what you need. Curious about how it works and how you can qualify? Schedule a call with us today, and let’s see how REPS can work for you! We have been using this strategy since 2020 and can share how it has been a propelling strategy to build wealth.
LEAVE A REPLY
If you’re a new investor, busy business owner, or a highly taxed medical professional, you’ve probably heard the term "Real Estate Professional Status (REPS)" thrown around. It might sound complicated, but trust me, understanding REPS can be a game-changer for your finances.
In a nutshell, REPS is an IRS designation that lets you offset your active income—like your salary or business income—with losses from real estate investments. Normally, the IRS puts a cap on how much you can use these losses to lower your taxable income. But with REPS, you can wipe out those restrictions, allowing you to significantly cut your tax bill.
Qualifying for REPS isn’t as hard as it sounds, but it does require meeting two main criteria:
Material Participation: You need to be actively involved in your real estate activities. We’re talking about spending at least 750 hours a year on it.
More Than 50% of Your Time: Over half of your work hours across all your jobs need to be focused on real estate activities.
If you’re pulling in a high income, REPS can make a big difference:
Serious Tax Savings: Imagine being able to use your real estate losses to bring down your taxable income, potentially saving you thousands on taxes each year.
Build Wealth Faster: With the money you save on taxes, you can reinvest in more properties, speeding up your path to financial freedom.
Diversify Your Income: Real estate isn’t just about buying properties—it’s also about tapping into a new income stream with major tax benefits.
Achieving REPS is easier than you might think:
Use Time-Saving Tools: Property management software, virtual assistants, and other resources can help you meet those participation hours without overwhelming your schedule.
Get a Real Estate-Savvy CPA: Not every CPA knows the ins and outs of REPS, so it’s worth finding one who does to help you navigate the process.
If you’re serious about cutting your tax bill and boosting your wealth through real estate, REPS might be just what you need. Curious about how it works and how you can qualify? Schedule a call with us today, and let’s see how REPS can work for you! We have been using this strategy since 2020 and can share how it has been a propelling strategy to build wealth.
LEAVE A REPLY