@recostseg You guys make great points about benefits of cost seg. for RE Pros. Could you speak to the benefits of a cost seg. on a building that you own and lease to your own business? I understand that those losses (juiced with a cost seg.) are considered “non-passive” and can therefore...
@recostseg be used to offset the business’s active income, so long as you elect to group the rental/business activities. So basically you get RE Pro-like losses w/o having to take the RE Pro status. Do I have this right?
@recostseg You guys make great points about benefits of cost seg. for RE Pros. Could you speak to the benefits of a cost seg. on a building that you own and lease to your own business? I understand that those losses (juiced with a cost seg.) are considered “non-passive” and can therefore...