ilmscore | Prediction Details
"But if you are a real estate professional, meaning most of your time is spent actively taking care of your properties, actively working in real estate, well, now you can make over $100,000 a year and take this loss and deduct it against your active income."
By Minority Mindset | June 21, 2025 | Pending
From video
The IRS Doesn’t Want You To Know This (But The Rich Use It Daily) 00:19:31 - 00:19:44
Interpreted Prediction
Individuals qualifying as real estate professionals, spending most of their time in real estate activities, can deduct losses against their active income even if their income exceeds $100,000.

Prediction Details

Topic
Real Estate Professional Status

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