Hi Bigger Pockets Community,
New member here...Im looking for some advice on whether I should be classified as a REPS or not for 2023 Tax year as my CPA isnt much help on determining if I should make this designation...

If he is working full time on real estate you’ll qualify as real estate professional for tax purposes.

Occupied for 6 years and sold for enormous profit Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Of course I am partial to KC for a 1031 exchange market.

A growing population fuels demand for housing, presenting opportunities for property investors.Before making any investment decision, it's crucial to conduct thorough research, consult with real estate professionals, and consider your financial goals and risk tolerance.

As that will at least help folks that you reach out to know that you are a real person, with a picture and professional bio.

I will keep everyone in the loop here,,,Of course the easy way is to meet before or after Iris Veneracions excellent Investment Club for Womens meeting that happens once a month in Studio CityDave Doyle

Seek professional guidance from experienced agents, property managers, or investors to identify hidden gems, negotiate favorable deals, and navigate the complexities of the real estate market more effectively.By employing these strategies and conducting thorough due diligence, you can increase your chances of finding cash-flowing properties that align with your investment goals and financial objectives.

I guess my question is, am I correct to say that my only course of action is to call this guy to ask for his information?

Getting good contractors Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?