TBT: Ask Marco - Qualifying for Real Estate Professional Status

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Business:investing, Education, Entrepreneurship, How To, Investing, Business

4.8 • 953 Ratings

🗓️ 11 September 2025

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Click Here for the Show Notes In today’s throwback Thursday episode, Marco answers a question from Kelliane — an attorney-turned-entrepreneur who recently exited her eCommerce business and is now diving into consulting, podcasting, and building passive income through real estate. With her husband earning a high W-2 income in medical device sales, they’re exploring passive strategies like turnkey rentals, multifamily, syndications, and hard money lending — all while aiming for financial freedom in 5 to 7 years. But there’s a challenge: how can they leverage the powerful tax benefits of real estate professional status (REPS) with mostly passive investments? Marco unpacks the pros, cons, and creative solutions that could help Kelliane and others in similar situations get the best of both worlds — passive income and major tax savings. 👉 Don’t miss this deep dive into strategic real estate investing, tax optimization, and financial freedom! -------------------------------- Throwback Thursday Episode (The episode originally took place in the year 2020) This episode is part of our Throwback Series and may include references to older content such as webclasses, events, promotions, or links that are no longer active or available. While the conversation and insights still hold value, please note that some information may be outdated. -------------------------------- If you missed our last episode, be sure to listen to From 9-5 Stress to Passive Income Success (Adam’s Story) Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. See our available Turnkey Cash-Flow Rental Properties. Our team of Investment Counselors has much more inventory available than what you see on our website. Contact us today for more deals.

Transcript

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0:00.0	Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term. And now, here's your host, Marco Santorelli.
0:13.0	Hello, my friends. Welcome back to passive real estate investing, where we dive into the world of real estate investing, among other related topics, to help you with your real estate investing journey.
0:23.5	Today, we're doing something a little different.
0:26.3	We're going to take a trip down memory lane and showcase an important episode from the past on what we call our throwback Thursday episode.
0:34.6	Now, whether you've been with us since the beginning, which goes back to 2015,
0:38.8	or you're tuning in for the first time, this episode is a must listen. We are revisiting one of our
0:45.5	more popular episodes from the past. And believe me, what we discussed back then, whether
0:50.7	it's six months ago or six years ago, is just as relevant today. So sit back,
0:56.5	relax, and let's rewind the clock for this great episode. Enjoy. Today's question comes from
1:02.2	Kelly Ann, and she says, Hi, Marco, I just recently discovered your podcast and have been binge
1:07.1	listening. Thanks for the great content. I am an attorney turned entrepreneur who recently
1:12.5	sold my e-commerce business. My husband is in medical device sales with a high W-2 income. I am now
1:18.8	launching a new consulting business and podcast. My husband and I are trying to also ramp up our
1:24.0	real estate investing business. After exploring many options, we are most interested in
1:28.4	passive real estate investing. Example, acquiring turnkey single and multifamily, multifamily syndications,
1:35.0	and hard money lending. We are working diligently to do everything we can to create passive income,
1:41.0	minimize taxes, and achieve financial freedom within the next five to seven years.
1:45.7	Great goal and congratulations on all that. Because of my husband's high W-2 income, I would
1:51.7	love to be able to qualify as a real estate professional to take advantage of the tax benefits.
1:57.5	However, I don't see how this is possible if we were to pursue the passive real estate
2:03.1	investing strategies, as mentioned above. Do you have any insight as to how we can get the best
2:08.8	of both worlds? Thanks, Kellyanne. Well, Kellyanne, thanks for submitting your question. And this is a
	...

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