For Pharma & Biotech Executives

REPS Tax Savings Calculator

If your spouse qualifies for Real Estate Professional Status, passive losses from syndication investments can offset your W-2 income. See what that's worth on your numbers.

Your Situation

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Year 1 Tax Savings

$74,813

Sheltering $175,000 of income at your combined marginal rate of 42.8%.

Breakdown

Invested
$250,000
Year 1 passive losses (70% bonus depreciation)
$175,000
Income sheltered
$175,000
Federal marginal rate
32.0%
State marginal (NJ)
10.75%
Combined rate
42.8%

Comparisons

Year 1 tax savings (this strategy)
$74,813
Equivalent pre-tax raise
$130,677
Maxing 401(k) at $23,500
$10,046
5-year cumulative (this strategy)
$374,063
5-year cumulative (401(k) only)
$50,231

Get the full breakdown + an intro call

We'll email your numbers and offer 20 minutes to walk through how this fits your specific RSU + W-2 picture.

Informational only. Not tax, legal, or investment advice. REPS qualification requires material participation and annual documentation. Passive loss rules, bonus depreciation schedules, and state tax rates change — consult your CPA before acting. Figures assume a value-add multifamily syndication with cost segregation under current (2025) IRS guidance.

Talk through your numbers in 20 minutes

No pitch. I'll walk through how this fits your specific W-2, RSU, and household situation — and whether a syndication allocation even makes sense for you.

Book a 20-min call with David

— David Naccarato, Lucky Duck Group