![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
Here’s the answer:
To qualify as a Real Estate Professional (RE Pro) in 2024, you need to meet certain criteria set forth by the IRS.
Here are some of the key requirements:
1. Material Participation in a Real Est...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/915635/small_1621505501-avatar-kennyczaj.jpg?twic=v1/output=image&v=2)
Hey everyone, for anyone starting out I just wanted to give some information and knowledge about how I got my first contract signed. Not closed yet! But signed! Inspection is going on this Saturday.Since the end of 20...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/997564/small_1677513251-avatar-philipl33.jpg?twic=v1/output=image&v=2)
I understand that the security deposit needs to be in a regulated financial institution account - I currently put them into my company's chase business savings account - is this good enough or are we required to open ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/942854/small_1635910929-avatar-jonathanb206.jpg?twic=v1/output=image&v=2)
Hey everyone,@Brandon Turner has spoken numerous times regarding submitting offers prior to walking through properties and making the offer contingent on such. I am wondering if someone here could shed some extra insi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/637066/small_1621494360-avatar-jeffreyholst.jpg?twic=v1/output=image&v=2)
I made a goal for 2018 to listen to all the BiggerPockets podcast. I just finished episode 310 and I think it's impossible to summarize in a short form everything that I learned. However I think it's worth mentioning...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/144916/small_1694640890-avatar-dizzle326.jpg?twic=v1/output=image&v=2)
so im new to this site as well as to the investing game. i currently own a property which is rented by my property manger ( my real estate agent). im earning a positive cash flow since it was purchase paid in full no ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1786762/small_1621515566-avatar-ivak1.jpg?twic=v1/output=image&v=2)
I’m planning on moving to ANY state ANY city and live and start investing. And I want to know what states/cities are best for investing in RE. Thanks 🏗
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/661466/small_1621494938-avatar-jeanjacque.jpg?twic=v1/output=image&v=2)
Hello BP community!My name is Jean-Jacque, I am newly minted physician with ZERO experience with real estate but I am excited to learn about the field and would love to start to learn about picking property to rent an...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1189921/small_1695161939-avatar-stevena106.jpg?twic=v1/output=image&v=2)
Hi Friends! I discovered the Bigger Pockets podcast a few months ago, and have been burning through the episodes. This is my first visit to the forums.Would anyone be willing to look over this deal, and help me see if...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/149866/small_1621419577-avatar-lamcdaniels.jpg?twic=v1/output=image&v=2)
I got into a contract on a short sale with the bank approving the offer. I put down my earnest money, got the inspections done, and am supposed to close this Friday. The problem is that the property is now set to go t...