So, we typically see REP status with MTR and LTRs... but not needed with STRs.

Does the time and effort behind designing, permitting, and building the ADU count towards the REP status?

I intend to get a single family residence, add an ADU, live myself in the residence and rent out the ADU as a studio apartment long term.I have checked my city's ADU laws and long term renting is permitted.Question : can I obtain the REP status while maintaining the ADU while it is in my primary residence?

@Samuel Kim - please contact @Chris K. privately and allow him to show you how you can benefit from this wonderful strategy that he implemented for his many health professional clients.

@Clifford Pereira Here's an article I wrote on REPS status that you may find helpful!

But as long as you keep your fire fighter job at least you will have health insurance through that which will save you a lot compared to a full time agent.

What are the terms/status on your current lessees?

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...

I'm also a realtor. with the real estate professional tax status.

Tenant wants to leave, so they claim mold and health issues.1.