What is Real Estate professional status (tax wise) advantages and disadvantages

CHANGING THE GAME Through Real Estate ep:37

#taxloophole #realestateprofessional #realestateinvesting
CHANGING THE GAME Through Real Estate ep: 37
#taxloopholes #irsaudits #shorttermrentalloophole

FEATURING: Grant Dougherty
HOST: Tyler Wynn

In this episode Grant shares what happens when you get audited, how to beat a audit, how the irs works, roth ira advantages, dissadvantages with 401k, cost segregation, depreciation, loopholes for short term rentals

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*****DISCLAIMER****
I AM NOT A CPA, ATTORNEY, INSURANCE, CONTRACTOR, LENDER, OR FINANCIAL ADVISOR. THE CONTENT IN THESE VIDEOS SHALL NOT BE CONSTRUED AS TAX, LEGAL,INSURANCE, CONSTRUCTION, ENGINEERING, HEALTH OR SAFETY, ELECTRICAL, FINANCIAL ADVICE, OR OTHER AND MAY BE OUTDATED OR INACCURATE; IT IS YOUR RESPONSIBILITY TO VERIFY ALL INFORMATION YOURSELF. THIS IS A PODCAST AND YOUTUBE VIDEO FOR ENTERTAINMENT PURPOSES ONLY