Before getting to the description of this audit, here are two key points to know:

You may deduct your real estate rental property losses against all income when you both qualify as a real estate professional and materially participate in the property (or group of properties, if grouped).

You may use cost segregation to create big deductions with a rental property.

Question

I’m a commercial real estate broker who works more than 50 hours a week.

I’m also an investor who purchased two new ... Log in to view full article.