High-earning real estate investors are using ‘REPS’ to slash tax bills. Here’s who qualifies.

                    <img src="https://i.insider.com/6a0761dcecd7cc1332bb037a?width=700" alt="Jennifer and Paul Tessmer-Tuck">








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                          Jennifer and Paul Tessmer-Tuck used real estate professional status, or REPS, to reduce their tax burden while building a 16-property rental portfolio.

                            Courtesy of Jennifer and Paul Tessmer-Tuck          
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• Jennifer and Paul Tessmer-Tuck leveraged REPS (real estate professional status) to save big on taxes.
• REPS can allow rental losses that are typically considered passive to offset active income.
• Qualifying for REPS required Paul to shift to part-time work to focus on real estate activities.

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