08/29/2026
💬 Comment “REPS” for the FREE guide.
If you're married and own long-term rental properties, one of you might want to quit your job... hear me out.
If you make more than $150K, your long-term rental losses may not help you much for tax purposes because they're generally stuck in a passive box.
One of the only ways to open that box is to qualify as a Real Estate Professional.
Not by getting a real estate license, but by meeting the IRS requirements for Real Estate Professional Status (REPS).
That's how we were able to save Jeremy and his wife more than $80,000 in taxes.
She quit her job.
But this strategy is highly scrutinized by the IRS, so you need to know the rules.