Any tax advantages to becoming a licensed RE Agent?

I'd like to begin investing in real estate, and was wondering if there would be any advantages to becoming a licensed real estate agent?

Answer:
Yes indeed there are advantages.

As an active participant and doing it for your lively hood where you could possibly own 5 or 10 or more properties at one time, then all your losses for one year can be carried over to other tax years which really benefits you in the bad times.

If you are doing it as a hobby or part time your losses are limited to $25,000 per year!

Plus you get first hand knowledge and a lot of 1st looks at a new property.

It is like a couple hundred dollars to take the course .do it.

Have fun .good luck.
you just save on the cost agents charge, that's all.
No tax advantages. The IRS does not care about licenses just all income and expenses.

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