Here’s a good news double header…
Good news #1: You can be both a real estate investor and a real estate dealer with respect to your real estate portfolio. This puts you where you want to be. In control.
Good news #2: By knowing just a few rules about dealer/investor classifications, you can dramatically increase your net worth.
Want to find out more? Read my new article titled Tax Tips: Defining “Real Estate Investor” and “Real Estate Dealer”.
Three ways our fact-filled article can help you:
- You’ll learn what real estate dealers can and can’t do. We’ll cover the four tax breaks dealers can look forward to, and much more. You’ll get all the details when you read the full article.
- We’ll tell you how real estate investors can come out winners. Profits on investor sales are taxed at tax-favored capital gains rates of 20-percent or less. Plus, investors are not subject to self-employment taxes. And that’s just for starters as you’ll learn when you read the full article.
- We’ll tell you how you can be part dealer and part investor. Yes. You can be both! Uncle Sam looks at each property individually and makes determinations on the property’s merits. This tremendous flexibility can mean extra dollars in your pocket. All will be explained when you read the full article.