Passive Income Generator & Passive Activity Loss (PIGs & PALs)
Have you found yourself unable to use losses for other investments against your passive income?
Per the IRS, passive income must be matched with passive activity losses, in order to minimize and reduce the tax on this income. IRS regulations prohibit using passive losses to offset earned or ordinary income.
To help you eliminate this situation you could talk with one of our CFPs at Frontier, who has access to these opportunities and can assist you in potentially creating tax-free income from these investments.
Frontier Wealth Strategies performs a thorough due diligence review on all investment opportunities to understand the risks and rewards before sharing them with our clients. Once we have identified an appropriate opportunity, we only recommend investing after we understand your needs and values, ensuring we can match the best investment opportunity for you.
As with all investments, there is a risk. Understanding the risk associated with an investment and your tolerance and time frame is important to us at Frontier Wealth Strategies. A discussion of the finer points of each opportunity should be thoroughly explored before investing.
Engaging with your advisor, CPA, accountant, and legal counsel is advised before making any decision
Frontier Wealth Strategies does not work on commission for any of our investment opportunities.