The real estate professional status (REPS) is a tax designation under the U.S. tax code that can provide a sizable financial benefit to someone who is actively involved in the real estate business.

Discover 20 real estate tax deductions agents actually use to lower their taxable income, cut costs and keep more of their ...

Expertise and opinions of authors published by ForbesBooks. Imprint operated under license. Real estate has long been a wealth-building tool for high-net-worth individuals. Beyond its potential for ...

Real estate professional tax status allows qualifying individuals to deduct losses from real estate activities against their ordinary income. This can potentially help reduce your overall tax ...