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 ...
Ask the average Joe what a real estate agent does, and you’ll hear things like hosting open houses and showings, staging and advertising properties and having a “guy” for everything. These are all ...
LIMA — Five local Lima Realtors — Debbie Lane, Jackie Caprella, Linda Painter-Stemen, Dawne Anderson and Amy Balo — recently joined the Berkshire Hathaway HomeServices Professional Realty team. “This ...
Have a seat and buckle in. The real estate industry is already in a whirlwind — and the year has barely kicked off. To put it simply, the industry appears to be in its “rapid evolution” era. What does ...
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.