It seems you would elect something to cover yourself even though you may never use it unless it was significant.

If you are a member of an LLC that elected to remain a partnership under check the box regs you are going to get a K-1.

(c)Furnishing reports in connection with credit or insurance transactions that are not initiated by consumer(1)In generalA consumer reporting agency may furnish a consumer report relating to any consumer pursuant to subparagraph (A) or (C) of subsection (a)(3) in connection with any credit or insurance transaction that is not initiated by the consumer only if—(A)the consumer authorizes the agency to provide such report to such person; or(B)(i)the transaction consists of a firm offer of credit or insurance;(ii)the consumer reporting agency has complied with subsection (e);(iii)there is not in effect an election by the consumer, made in accordance with subsection (e), to have the consumer’s name and address excluded from lists of names provided by the agency pursuant to this paragraph; and(iv)the consumer report does not contain a date of birth that shows that the consumer has not attained the age of 21, or, if the date of birth on the consumer report shows that the consumer has not attained the age of 21, such consumer consents to the consumer reporting agency to such furnishing.(2)Limits on information received under paragraph (1)(B)A person may receive pursuant to paragraph (1)(B) only—(A)the name and address of a consumer;(B)an identifier that is not unique to the consumer and that is used by the person solely for the purpose of verifying the identity of the consumer; and(C)other information pertaining to a consumer that does not identify the relationship or experience of the consumer with respect to a particular creditor or other entity.(3)Information regarding inquiriesExcept as provided in section 1681g(a)(5) of this title, a consumer reporting agency shall not furnish to any person a record of inquiries in connection with a credit or insurance transaction that is not initiated by a consumer.

In the case of a taxpayer where their real estate business is clearly a full time job, those research and education hours might count, but at that point typically those hours are such a small piece of the pie that it doesn't matter.There was a tax court case in 2015 where travel time was allowed to be counted towards the 750 hour test, but my read is that the taxpayer already materially participated in the underlying rental activities before the aggregation election (they self-managed), so their drive time would be hours in a real property trade or business that they materially participate.

From my reading, you/your cpa have to file/elect to count the hours for your entire portfolio.

In our last Senate election every county, except King County, went Republican...but the Dem Senator won bc King County when to them.

By this I mean that we hope they’re thinking that their doing what they think the majority of people in their district desire, and not doing it because some “special interest” group (hotel industry) is making a major contribution to their election campaign (or worse an outright bribe).  

Do you need to group together related businesses as a “single activity” (469(g) election: by filing a statement with the taxpayer's original income tax return for the taxable year) if you have 4 duplexes in order to pass a Material Participation test?

@Raj G.For the S-corp the contributions that you make as an employee (elective deferrals) must be processed through the payroll, you have until end of the year to do so.

William Bronchick is also the author of the highly acclaimed books, “Financing Secrets of a Millionaire Real Estate Investor”,”Wealth Protection Secrets of a Millionaire Real Estate Investor”, “Defensive Real Estate Investing” and his latest work, “How to Sell a House Fast in a Slow Real Estate Market”.William Bronchick is the co-founder and past President of the Colorado Association of Real Estate Investors and the Executive Director of the College of American Real Estate Investors.