Real estate professional status

[Eddy Ramos]

Good afternoon, 

I have a question pertaining to real estate professional status while having a W2 job. I currently work a rotational W2 job (3 weeks on and 3 weeks off) and therefore do have a lot of time off and work on my real estate properties or learning, cold calling, DFD, etc. I believe those investors that are fire fighters or nurses may have similar cases. Therefore, wondering if anyone has some feedback on experience with being a rotational worker and qualifying for being a real estate professional? I also manage or part take in real estate activities while I am rotating for work (during my off hours). 

[Chris McCormack]

You're gunna want to work with a CPA and because they'll be the one signing the return, they'll have final say over comfort level.

Some recommendations:

Keep a log of all time worked on real estate activities. If it is more than any other activity and over 750 hours you may have a shot. 

But the IRS likes to find ways to disqualify...