We break down the most common real estate tax myths, from REP status and short-term rentals to cost segregation timing and entity hype. We show how to time deductions, avoid recapture pain, and use non-asset strategies to cut taxes while building wealth.
• REP status based on hours and participation, not a license
• Cost segregation timing to match high-income years
• Excess business loss limits and why W-2s hit a wall
• Recapture planning with reinvestment or 1031 exchange
• Short-term rental rules and the 100-hour trap
• LLCs for asset protection, not deductions
• Holding company and management company myths debunked
• Cost segregation is accepted and improves accuracy
• Alternatives to buying assets for write-offs
• Real estate cash flow, depreciation, and tax-free refi benefits
• Holistic planning across business, wages, and investments
Go to https://www.prosperalcpa.com/opportunityreport for your free opportunity report illustrating what may be possible with our tax strategies
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