When it comes to business, you might think that loss is something you want to steer clear of. However, creating a passive loss in your real estate business can actually help you save money! This topic can be quite confusing, so on today’s show we’re calling on an expert!
On this episode of Investing in Real Estate, we’re bringing back tax genius Tom Wheelwright to discuss the ins and outs of passive loss! Tom is sharing the two different ways to qualify an activity as passive, what it takes to become a professional real estate investor, and so much more! As always, Tom is an incredible wealth of information; you won’t want to miss episode 323!