If you need 750 hours to be a REP and most likely will not be able to work a full time job (W2).  What other income is there to offset?

Came across the concept of real estate professional recently and was curious if anyone had elected to pursue this status.  I understand the time requirements and being part time the 50% shouldn't be an issue.  Just cu...

Hi Folks, Looking for advise. I qualify as real estate professional. We have K1 loss from passive investment from last year. Can we offset my spouse's W2 income using the K1 PASSIVE loss? TIA

Good day everyone! Newbie here, trying to explore being a Real Estate Professional.My spouse and I recently closed on a rental property in FL, it needs rehab. Both of us are Travel Nurses. My spouse just finished her ...

Does time taking care of (mowing/landscaping) and managing (keeping records, paying HOA dues, paying taxes) my vacant parcels count towards my 750 hours of being a real estate professional?

I have been working in China and South East Asia for the past 12 years, for corporate commercial entities, dealing among other things with commercial real estate (mostly restaurant, food retail and hotels). I have als...

What are the pros and cons of being considered a "Real Estate Professional" by the IRS. The main thing, as far as I can tell, is that the losses you can calim are not limited. Anything else? Searching for this topi...

I have a substantial background in multifamily operations background.  I am currently an asset manager for a real estate developer / investment firm.  Love the biz and now looking forward to putting things in place fo...

Looking to get into flipping projects preferably in the western suburbs

How are hard money deals structured currently?