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Updated about 4 years ago,

User Stats

134
Posts
22
Votes
Jay Y.
  • Real Estate Agent
  • Atlanta, GA
22
Votes |
134
Posts

Real Estate Professional status and COVID

Jay Y.
  • Real Estate Agent
  • Atlanta, GA
Posted

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!

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