Do you earn profits from rental property? Then keep on reading to save money!
It’s sad but true. If your income is high enough, you’re paying the 3.8% net investment income tax (NITT). Think of the tax as a surtax on your high income.
But here’s some good news.
If you own profitable real-estate rentals,
there are three exemptions you may be able to use
to avoid the 3.8% net investment income tax.
Exemption #1: You’re in luck if you qualify as a real-estate professional. Don’t freak. It’s easier than you think. For details, READ my new article.
Exemption #2: If your rental is for a short term, you may be okay. You’ll find out why when you READ my new article.
Exemption #3: Passive income from your rental property may be recharacterized by the IRS in a helpful way. To find out how, READ my new article.
In my new article, I’ll explain a lot more including…
- How to calculate the NITT
- The real-estate professional-status rules
- What “material participation” in rental activity means
- Rental activity as a business
- And much more
The bottom line? If you own rental property and want to avoid big NIT problems…
CLICK HERE to get my complete article…
How Rental Property Owners Can
Avoid the Net Investment Income Tax (NIT)
