Real Estate Professional Status (REPS) is one of the most misunderstood yet powerful tax-saving strategies available to real estate investors. In this episode of the Wealth Planning Podcast, tax attorney and strategist Anthony Brister breaks down how REPS works, who qualifies, common mistakes that lead to audits, and how one couple legally saved $92,000 in federal taxes in a single year.

Whether you're just starting or actively managing a portfolio, this episode is packed with critical insights. Want to see if you qualify? Schedule a free discovery call at bristertaxlaw.com and make the IRS work for you—not against you.

Timestamps:

0:00 – Why Real Estate Professional Status is a game-changer

1:11 – Meet your host, Anthony Brister

1:47 – Client case study: How a couple saved $92K in taxes

3:09 – What REPS actually allows and why it matters for high earners

4:01 – REPS qualification requirements explained

4:39 – Top mistakes that disqualify you or lead to audits

6:13 – Pros and cons of REPS status

7:01 – 5 critical mistakes that get people audited

8:18 – Why REPS could be your next financial move

Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min

Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.

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