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HOW TO QUALIFY AS A REAL ESTATE PROFESSIONAL FOR TAX PURPOSES

October 10, 2019 / YASSINE UGAZU

Real estate investing has always been one of the most effective ways to get tax deductions. Unlike other types of investments, the tax benefits that real estate offers are quite diverse. Having said that, it is important to note that benefiting from all these tax advantages requires meeting certain conditions. The most crucial of which is becoming a real estate professional under IRS rules. In this article, we will explain how you can professionalize your real estate business so that you can benefit from every tax deduction that is available to real estate investors.