The Real Estate Professional Status
Welcome to the Real Estate Professional Status Podcast. Dive deep into the little understood yet powerful niche in real estate investing that every high-net-worth individual should know about. The Real Estate Professional Status (REPS). Tailored for affluent real estate investors and those looking to enter the space, this podcast provides a comprehensive guide on how to qualify for REPS and harness its benefits to supercharge your investments. Through engaging, conversational interviews with tax experts and seasoned investors, we unravel how REPS impacts real estate depreciation and offer strategies to optimize your tax bracket. Whether you’re a seasoned investor or starting out, this podcast is your ultimate guide to understanding and leveraging the Real Estate Professional Status. Join us as we shed light on a topic that, until now, hasn’t been explored in-depth and unlock the secrets to maximizing your real estate investment potential.
Episodes
Welcome back to another episode! Today, we’re diving into how depreciation really works and why so many people misunderstand its impact on their taxes.
📌 In This Episode, We Cover:
• The #1 Misconception About Depreciation – It’s NOT dollar-for-dollar tax savings!
• How Much You Really Save – A $100K depreciation deduction doesn’t mean $100K in cash savings—it...
In this premiere episode of Real Estate Professional Status Season 2! we dive into depreciation, the tax strategy every real estate investor must understand before jumping into cost segregation or accelerated depreciation. Too often, investors focus on the benefits of cost segregation without grasping the fundamentals of depreciation—leading to confusion and missed opportunities.
What You...
In this episode, I sit down with Tim Johnson, a real estate consultant who specializes in helping business owners and real estate professionals leverage tax strategies to their advantage. We dive deep into the Real Estate Professional Status (REPS), why most CPAs don’t talk about it, and how business owners—especially contractors and real estate agents—can use it to legally minimize their tax liability.
...
In this episode of the Real Estate Professional Status Podcast, I sit down with RE Tax Strategist Nathan Sosa to uncover “The Truth About Grouping” and its role in real estate tax strategy. We explore the nuances of grouping elections, how they apply to long-term and short-term rentals, and why the rules for grouping differ based on property types. Nathan explains how grouping impacts material participation tests, common misconcept...
In this episode, tax strategist Nathan Ganz joins us to tackle a pressing reality for real estate investors and independent contractors: rising taxes.
Nathan, co-owner of Northwest Premier, shares why he believes we’re on the cusp of a tax increases—and how proactive planning is essential to protect wealth.
Together, we explore strategies real estate professionals can use to keep more of their income, leveraging legal tax benef...
In this episode we sit down with Dwight Dye from DWD Strategies as he delves into the world of high-income contractors that unknowingly sit on a goldmine of tax advantages.
With years of expertise in tax strategy, Dye unveils how contractors, engrossed in their day-to-day operations, possess the untapped potential to significantly reduce their tax burdens simply by leveraging their existing real estate activities.
L...
In this episode, Karolis Matulis, a seasoned expert in real estate and taxation, delves into various intricate aspects of real estate investment and tax planning.
Matulis, holding key positions at WilkinGutenplan, including being a manager and chair of the Firm's Innovation Council, shares his extensive knowledge and experiences in the field.
The discussion primarily revolves around the dynamics of real estate investments, the ...
Ever worry about getting audited by the IRS?
Want to know what it's like and how you can best be prepared?
In this fantastic episode we deep dive into the complex realm of Real Estate Professional Status audits
I spoke with Yisroel Jacobovitch, a former IRS agent.
Yisroel brings a unique perspective, having transitioned from an auditor at the IRS to a private practitioner, now assisting clients in navigating the intricacies ...
In this enlightening episode, we delve deep into the complex world of real estate taxation with the expertise of seasoned CPA, Colleen Krcelich.
With her extensive experience, Colleen brings a wealth of knowledge, to the evolution of the paper loss. She takes us back in time what real estate investing was like in the 80's before the passive rules were put in place and how we got to where we are today .
Throughout the conversation, ...
In this enlightening episode of our podcast
We delve deep into the world of tax strategies in real estate investing with the expertise of Mark Pelberg CPA specializing in advanced tax strategies for affluent real estate investors.
Mark shares his invaluable insights the real estate professional status, discussing its implications, benefits, and the nuances involved in qualifying for it.
We discuss the tax benefit possibilities ...
In this eye-opening episode of the Real Estate Professional Status Podcast, we dive deep into the world of real estate investment with the dynamic Sarah Ward.
With over a decade of experience as a real estate agent and investor, Sarah shares her journey from her first duplex purchase at 24 to building a diverse portfolio across multiple states.
Listeners will gain invaluable insights into strategies like house hacking, th...
Join us as we delve into the complexities of real estate professional status with tax and accounting expert Ryan Pulice.
Based in Virginia, Ryan brings a wealth of knowledge, specializing in RE tax planning and advisory services for real estate investors and small business owners.
In our conversation, we explore various critical aspects such as the
- impact of construction activities
- the nuances of material participation hours
- ...
In this episode, we delve into the dance between the tax code and real estate investing.
We unravel how the tax system is not just a backdrop but a dynamic player that shapes the real estate landscape, offering a suite of incentives for real
Join us as we offer a wealth of knowledge that give you the full picture of tax advantages in Real Estate and on navigating it's complexities.
Whether you're a seasoned investor or just start...
In the first episode, I provide an overview of the fundamental rules to qualify for the Real Estate Professional Status.
Discover how this status can lower your tax bracket, allowing you to pay less taxes.
Enjoy!
Want to learn more about REPS?
Let's get in touch!
Afried@madisoncres.com Facebook Linkedin If you'd like to see if a Cost Seg study can benefit your investment property, shoot me a text 908-783-1572 For a fre...Popular Podcasts
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by Audiochuck Media Company.
DISGRACELAND is an award-winning music and true crime podcast about musicians getting away with murder and behaving very badly. Jerry Lee Lewis's 5th wife? Dead. Sid and Nancy? Both dead. Why? Because musicians are insane, and insane things happen to them. Why did we lose Amy Winehouse at 27? Was Debbie Harry really abducted by Ted Bundy as she claims? Is Patti Smith not just the "Godmother of Punk", but also the "Original True Crime Girl"? What really happened the night of the Jay Z nightclub stabbing? What do the Diddy indictments truly reveal? All these stories and more, on artists from every genre and their true crimes, in our massive 260-plus story archive. The Dead, the Stones, Johnny, Willie, Frank, Kurt, Courtney, Gaga, Lana, Taylor, and too many to name. DISGRACELAND is music history come to life through audio storytelling as you've never heard it before, with revealing facts: yes, assassins are the real reason the Beatles quit touring—reclaimed myths: no, Mama Cass didn't die from choking on a ham sandwich––and constant reckoning between art and artist––all told through the lens of true crime. This is the podcast for the self-proclaimed "Disgos", the musically obsessed and the true crime heads; the outsiders, the independent thinkers who know that the best history is the history that gets buried. DISGRACELAND is where host Jake Brennan tells the stories they didn't want told. The kind you'll end up telling someone else. Get ready to uncover hidden truths and buckle up for truly edge-of-your-seat storytelling. New, fully scripted, sound-designed episodes are released every Tuesday. Bonus chat-style episodes where Jake responds to voicemails, texts, and emails from Disgos hit on Thursdays, and "Rewind" episodes from our archive drop on Sundays. DISGRACELAND is not a journalistic podcast. It's an entertainment podcast inspired by true events. Certain dialogue and scenes are dramatized, as is common in scripted entertainment based on real stories. Sources and credits for each episode are available at www.disgracelandpod.com. To unlock ad-free listening, exclusive content, and connect with your fellow Disgos, go to www.disgracelandpod.com to become an All Access member. Rocka Rolla.