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Updated about 1 year ago,
How to qualify as a Real Estate Professional to the IRS? Can I work for someone else?
Hi BiggerPockets community! Quick question: to qualify as a Real Estate Professional in the eyes of the IRS, I understand I need to log 750 hours annually, therefore my question is: can these 750 hours be spent working for someone else/company within the real estate industry or do they have to be hours spent on my own real estate portfolio?
Thank you!