The real estate professional status (REPS) is a tax designation under the U.S. tax code that can provide a sizable financial benefit to someone who is actively involved in the real estate business.

TurboTenant reports that obtaining real estate professional status offers tax benefits for landlords, requiring strict ...

Real estate has long been a wealth-building tool for high-net-worth individuals. Beyond its potential for steady income and long-term appreciation, real estate offers unique and powerful tax benefits ...

Real estate professional tax status allows qualifying individuals to deduct losses from real estate activities against their ordinary income. This can potentially help reduce your overall tax ...