IRS Real Estate Professional Election Explained | Maximize Rental Property Tax Deductions

Описание: Understand the IRS rules around the Real Estate Professional Election and how high earners legally reduce their taxes on rental income.

🧾 Are you paying more taxes than you need to on your rental properties?
In this 30‑minute deep dive, I, Neil Langlois, CPA, walk you through everything you need to know about the IRS Real Estate Professional Election – including qualifications, documentation requirements, passive loss rules, and how to use cost segregation to unlock massive tax savings.

Whether you're a high‑income W‑2 earner investing in rentals or a full‑time real estate professional, this guide breaks down the strategy at a simple, fifth‑grade level with easy examples, visuals, and smart analogies.

🔍 What You'll Learn:

How the IRS defines a Real Estate Professional

The 750‑hour and 50% tests – explained in plain language

Why most taxpayers miss out on this election

Grouping rules for rentals and material participation

How to turn passive losses into tax deductions against your W‑2 income

Bonus depreciation and cost segregation secrets to save more

📘 Resources:

More tax tips on the blog: https://neil.tax/blog/

For a consultation, email: [email protected]

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