Rental Property Tax Archives

Knott Learning

What is the Real Estate Professional Election?

Real estate investors generally have to treat their rental real estate income as passive income subject to the passive activity loss (PAL) rules. The real estate professional election may be available to some investors. This article and video discuss the real estate professional election and how to qualify.

Jason Knott2024-10-04T11:52:17+00:00Tags: Form 8825, Real Estate Professional, Real Estate Rental, Rental Property Tax|

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