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Jeremy Barlow
Nomad Capitalist
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Comments by "Jeremy Barlow" (@jeremybarlow2291) on "Is Europe Overrated?" video.
I mean if you are a real estate professional in the US and you invest correctly in ancillary businesses operated as S-Corps, it if kind of hard to beat the US for most US citizens. You can earn a significant sum of money completely tax free thanks to the ability to use passive losses to offset income from other active businesses against the depreciation of your real estate. If you are using 1031 exchanges appropriately you can level up many times with no tax consequences if you meet the magic 750 hours annually and obtain that real estate professional designation, or structure enough of your properties as short term rentals so your passive business becomes active.
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