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High-earning real estate investors are using ‘REPS’ to slash tax bills. Here’s who qualifies.

Finance May 17, 2026

Jennifer and Paul Tessmer-Tuck used to owe a lot in taxes. Loading audio narration… “Our single biggest expense every year was our state and federal taxes, for sure,” Jennifer, a physician at a major Minneapolis hospital, told Business Insider.That changed when they started buying real estate. A unique IRS designation…

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High-earning real estate investors are using ‘REPS’ to slash tax bills. Here’s who qualifies.

High-earning real estate investors are using ‘REPS’ to slash tax bills. Here’s who qualifies.

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