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Updated about 7 years ago,
Question on Full Time Real Estate Investor Designation
Hello BP! I was writing to get clarification on the designation as a full time real estate investor. I have heard and am aware that one has to put in 750 hours in order to achieve that designation.
Does anyone know if there is a threshold number of units an individual has to manage/be involved with in order to meet the designation without tracking hours? For example, if one person owns and manages 20 units, would that suffice? 50?
Thanks in advance!