General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago, 08/08/2023
Real Estate professional
To qualify for real estate professional at tax time you need to meet the following:
-More than half of the personal services you performed in all trades or businesses during the tax year were performed in real property trades or businesses in which you materially participated.
-You performed more than 750 hours of services during the tax year in real property trades or businesses in which you materially participated.
How do we track this ourselves? we are a small business (4 owners)