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Is Getting REPS Status Worth The Offset On Taxes?
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I am an engineer by trade and make over the 150k threshold.
Therefore, I am limited to 3k to offset loses.
Would getting REPS status, Ie become a real estate agent “on paper” be worth it? Id still do my w2 job full time, but list my hours regardless to meet the requirements for REPS.
This way, I can offset more of my w2 income.
Has anyone done this? And is it worth it?
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- 1 year ago
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