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Updated about 4 years ago,
Real Estate Professional status and COVID
So those of you all including myself who claim the prized Real Estate Professional status, were your 750 hours spend affected much by Covid? With a pandemic, tenants were generally reporting less maintenance and evictions were down due to the CDC moratorium. That meant less trips to my properties and more calls/emails with my property managers. My hours were reduced but I think I can still prove enough hours. I'm curious to see if others are in a similar situation and if anyone thinks the IRS will be more lenient towards auditing the filers' hours???
Thanks so much!