Apr 3, 2021
Meet Dr. Kirsten Limmer, a board-certified pediatrician, PhD in molecular biology, and also an incredibly savvy real estate investor. She learned that she could save lots of time and money, by designating herself as a Real Estate Professional. Most doctors are attracted to real estate investing because they hear about the potential tax deductions they can receive. However if you do not have Real Estate Professional Status, any losses that are involved in real estate activities are considered passive, and are limited by how much can you deduct on your tax return.
So why don’t more doctors opt for Real Estate Professional Status? Mainly because you have to keep onerous and detailed logs each year as evidence you are involved in material real estate activities as a Real Estate Professional. Not able to find an appropriate solution, Kirsten create one on her own. Now available on iOS and Android, REPStracker is a portable solution to help you streamline the way you document hours for Real Estate Professional Status. This could be a huge breakthrough in your real estate investing.
Kirsten also happens to be one of my students, and we discuss the obstacles she faced on her journey from turning her app into reality. Prepare to be inspired!
REPStracker - a better way to document your REPS hours. The next generation app that will streamline the way you document hours for Real Estate Professional Status.
____
Now on Amazon! The Positioned
Physician: Earn
More, Work Smart, and Love Medicine Again, 2nd Edition:
Updated with over 50 pages of new content including new chapters on goal setting,
mindset, and sales strategies for a successful online business!
https://www.amazon.com/Positioned-Physician-Updated-Smart-Medicine/dp/B08QFBMWCY