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Updated almost 4 years ago,
Disablity and "Professional Realtor Status"
Hello All,
I am on disability as I could no longer work at my high paying tech job due to spinal infections and the stress. Obviously a big drop from my salary to disability. To augment my income I am stepping up my real estate involvement going from 5 doors to two more this year already. I manage one property myself and do my own taxes, so I know I could qualify for the "real estate professional" tests after carefully reviewing the codes . I keep a log of my hours spent on approved activities. My spouse has a 150K tax bill, so this makes sense to do..
Question: Because I am on disability and my income would switch from passive to activate would that make me ineligible for disability? I need the insurance as well as the extra income as cash flow is tight till things get up and running. Thanks so much!
Neil