Real Estate Passive Activity Losses & How to Use Them

If your rental property produces "paper" losses, how and when can you use them against your earned income from a job or small business? 🔗Useful Links: Register for the free training: Learn how small business owners are identifying $30,000+ in annual tax savings. [https://go.navimarajcpa.com/webinar] 📁 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:   / navi-maraj-cpa-pllc-107003020774608   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