Real Estate Professional (REP) Status guidance

[Clifford Pereira]

Hi, my wife and I started an Airbnb in Sacramento, CA, this year and are new to real estate investing. According to our understanding:

1) California does not recognize REP status, but we could claim it on our federal taxes, is this correct ?

2) The minimum hours required are 750 hrs, but if running a short term rental, 100 hrs is supposed to be adequate, is that still true ?

3) Is there an official IRS form where these hours are documented, or would an excel file suffice ?

Any guidance would be most appreciated, so we can be better prepared for our tax returns next year.

Thanks so much for your time !

Cliff n Marie