September 23, 2025

Kevin J. Moore has long-established himself as a resource and authority in the tax world. Recently credentialed by the State Bar of California in Estate Planning, Trust and Probate Law, Moore’s pursuit of current knowledge of the industry positions himself as an obvious choice for insight. In September, Katherine Clarke of the Wall Street Journal wrote the article “Ellen DeGeneres Has Turned House Flipping Into a $190 Million Hobby,” using Moore as a resource.

In the WSJ article about Ellen DeGeneres and her extensive flipping of luxury homes, Moore is quoted saying, “the couple have likely spent so much time on their real-estate investments that they likely qualify as professionals in the real estate field and thus get tax deductions they wouldn’t be eligible for otherwise.”

That observation is important: it’s not just the size or number of flips or holdings, but the level of involvement in the investment operations that can unlock additional deductions—things like offsetting ordinary income with real estate losses, more favorable depreciation rules, and more flexibility in accounting for business expenses. For high-net-worth investors or those building a serious portfolio, qualifying as a real estate professional can make a substantial difference in after-tax returns.

The full article can be read here.

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