How high-earners are using real estate and a little-known rule to slash their tax bills
Real Estate
For years, Dr. Jill Green watched a large chunk of her physician's salary eaten up by taxes. "I was paying a ton in taxes and still writing a check for a hefty five-figure amount every year," she told Business Insider. When she and her husband started investing in real estate about six years ago to create an additional revenue stream, she learned about a little-known IRS designation called real estate professional status, or REPS. It's a strategy some tax experts have nicknamed the " marital
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