Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Alex Brown RE CPA or Tax Strategist
17 February 2025 | 4 replies
There are two requirements to claim REP status1) 750 Hours2) You spend more time on real estate than other activities such as your W-2 Job or BusinessYou want to work with a tax professional who will be able to advise you on what hours count and what hours do not count.Furthermore, the CPA may have a nice worksheet that you can use to help you document your hours.Best of luck!
Karin Recalde Purchased property listed and sold as a triplex just found out from city it is a SFH
6 February 2025 | 28 replies
Sellers are notorious for not communicating any changes in their unit counts to avoid paying taxes.  
Preston Timothy Home loan qualification questions
18 February 2025 | 3 replies
You can typically count 75% of the previous rental income (from the units you will not live in) toward your qualifying income.
Stefan Schmidt Tax Question - Did I do landscaping repairs or create a new asset?
18 February 2025 | 1 reply
I am wondering if I can claim it as a repair(counting against rental income) or if it must be claimed as an asset (with depreciation benefits)?  
Ethan Brackin New Agent in the Chattanooga, TN Area
16 February 2025 | 4 replies
Of course we are the largest brokerage by agent count also. 
Buck Dabill Projecting STR Revenue ?
18 February 2025 | 12 replies
You can view their review counts to give you a rough idea on the bookings and note what their weekend/weekday pricing is to give you another form of comp.
Mayank Jain Obtain Real estate professional status while house hacking with ADU?
12 February 2025 | 2 replies
I recommend waiting until your unit count is higher.  
Emily Pena Real Estate Agent Turned Investor Tuning In!
17 February 2025 | 7 replies
But @Garrett White and I are shifting our focus to larger unit count properties.
Stephanie Selby MTR in Philly
16 February 2025 | 4 replies
Most voucher recipients only look at the bedroom count when making their inquiries.
Seth Kellow Purchasing Camper Trailer as a Business Expense
7 February 2025 | 0 replies
And how does the time the Airstream is just sitting in my driveway at my primary residence count?