All Forum Posts by: Oliver Cordova
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Post: Cost segregation/ real estate professional status

Oliver CordovaPosted
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I was consulting with cost segregation company. This is what she told my CPA
'if you do not fit the qualifications to be considered a real estate professional, then passive income limitations would not allow you to access the deductions'
I have never heard or read anything as such. I remeber hearing if you make too much on your W2 then it might not benefit you from cost segregation.
Any advice would be greatly appreciated.