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Tax, SDIRAs & Cost Segregation

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Adem Tahiri
  • Investor
  • Grayslake, IL
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If you hire a property management company for a rental, does the rental income become a "passive" investment?

Adem Tahiri
  • Investor
  • Grayslake, IL
Posted Aug 21 2014, 07:08

I am considering hiring a property management company for a rental but I've heard that, in doing so, the rental income will be classified as a passive investment for me. My worry is that I would not be able to write major expenses (roof, plumbing, etc.) off of my other, non real estate, income, should this happen. Does anyone have insight into this?

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