California does not recognize Real Estate Professional (REP) status, but you can still claim it on your federal taxes if you qualify.

Quote from @Samuel Kim: Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation.

Welcome to Facebook ads and wholesaling!

Right now, I do have the "REALTOR" status but wondering if it make sense to keep paying the $800/yr to keep the status?

“So we invest in that exact modality and make more money at it than anybody else.”The entrepreneur also appears in many of the ads for RAD across Facebook, Facebook Messenger, Instagram, and other applications.The pitches appear to be bearing some fruit: RAD had between 1,500 and 2,000 investors, as of late October, and was adding more at a clip of 200 per month, according to an email from a company official to Minkow.

Quote from @Cari Sweet:  This sounds like a case for Fair Housing- Familial Status discrimination. 

I’ve tried joining the Facebook groups but I can’t without BiggerPockets profile link.

Any recommendations on the most efficient way to track your time when classified as a real estate professional? My accountant wants me to start doing this in the event of an audit being I’m starting larger projects an...

IYes, facebook is full of fraud.

Does your Facebook say that too??