Rental Real Estate
Rental real estate can be an amazing investment. In the right situations, rents cover all of your operating costs and depreciation offers a nice tax deduction. This utopia has not been missed by those who write the tax code.
Understanding passive losses, their limitations, capitalization vs. expense requirements as well as active participation rules, and how all of this plays into a client’s income situation is critical. Let us help you maximize the benefit of your investment.