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Updated 1 day ago, 11/25/2024
Tracking hours for Real Estate Professional Status
I am a fairly new investor with a small portfolio. I have done my research and next year (2025) will qualify for real estate professional status. I am looking for a good web based or app program to categorize and track my hours for material participation. Does anyone have any experience with RESPtracker or any other program that works well. I’m looking for something more than just an excel spreadsheet. I self- manage all of my properties and plan to aggregate them together as one. I will also utilize BP Tax professional finder to work with someone that has experience with this type of tax election.