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Tax, SDIRAs & Cost Segregation

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Michael Wagner
  • Hudson, WI
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Student Loan Payments as a Business Expense?

Michael Wagner
  • Hudson, WI
Posted Jun 13 2021, 19:14

With the recent change in tax laws and businesses including sole props now being able to set up a 127 education assistance plan and deduct student loan payments as a business expense. 

I was wondering if this is available to rental properties owners as well?  Based on the research I have done my understanding is they would not be able to take advantage of these plans as it is passive income but I was hoping someone would be able to confirm that if this is their understanding as well or to help me in where I may be misunderstanding? 


https://assets.kpmg/content/da...

I have attached a link to an article for anyone not familiar with education assistance plans.

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