Brian Boyd

But I talk to real estate investors all the time, all across the country.

And, you know,

Part of any plan I put together is I have to suggest real estate because it is such a friendly way to grow wealth, create and take advantage of deductions now so you can grow that wealth over and over and over again.

which is really the best and most efficient way to generational wealth in this country.

I think I saw a statistic that they're like 85% of all millionaires in the United States got started in real estate.

Somehow they were associated with real estate.

So it's a proven method of growing wealth and sheltering income at the same time.

Yeah, the low-hanging fruit out there is Treasury Regulation 1.469-1TE32A.

You probably know it as the short-term rental loophole.

But that only requires 100 hours to take advantage of the deductions.

So you have to work 100 hours

on your short-term rental to unlock those deductions if you're a W-2, which is wonderful because so many W-2 earners out there are limited in what kind of deductions they can take.

But this treasury regulation, the short-term rental loophole, allows you to take advantage of some of the deductions that are available to you and your investment without having to achieve real estate professional status under Section 469, which requires 750 hours a year.

That has to be more than anything else you're working for making money in.

And for example, if you're a W-2, it's not going to be possible to do that because most W-2 people work 1,800 to 2,000 hours a year.

So on the low side, you'd have to work 1,801 hours a year in real estate to achieve that status.

Whereas the short-term rental loophole only requires about 100 hours a year, which if you break it down...

is a little over two hours a week.

So that is something that so many people don't know about.

And then to your point,