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Updated over 7 years ago on . Most recent reply

User Stats

149
Posts
44
Votes
Nicole Wood
  • Investor
  • Bath, NY
44
Votes |
149
Posts

How much can you claim in taxes not being a real estate proff

Nicole Wood
  • Investor
  • Bath, NY
Posted

Hello everyone,

So, its tax time. I am just wondering, I've listened to the podcasts and heard something about real estate professional vs not... I know how that works however I would NOT be considered a real estate professional. How much can you claim for losses etc when you're NOT a real estate professional. I think I heard 25000 but am unsure.

Thanks for any input!

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