Realtor Tax shelter?

[Kurt Defenbaugh]

How can I create a tax structure that minimizes tax burden as a SEI? Is this even possible?

[Yonah Weiss]

Originally posted by @Kurt Defenbaugh:

@John Warren John—That would imply that those earnings are on the same return as the LLC for the multifamily. But they would be separate. I’m starting to see why a lot of REIs have side hustles. You almost need a tax shelter to offset that SEI tax burden, right?

Any earnings you have from an LLC (e.g. owning rental property) flows through to your individual returns. The point John was making, I think, is that the depreciation and other paper deductions that you create by having rental properties, can help off-set your SEI, and any other income for that matter, as a 'real estate professional'