Do both spouses need to obtain real estate professional status to receive the tax benefit?

How many of you guys have claimed real estate professional status? Any suggestions or advice? 

Does anyone have a good link to how to deduct from w2 income using real estate “losses”. I understand it mostly but I need my wife to more and I can’t get her on board, I’m trying to convince my wife it’d be worth her...

I have watched multiple videos on REP status, and listened to the BP & Short-Term Shop podcasts on the subject.  I have also downloaded and reviewed the Passive Activity Loss, Audit Technique Guide (ATG), produced...

Hi all in the BP community! I was wondering for those of you who utilize the real estate professional status for tax purposes what are ways you qualify for the 750 hours besides property management. Curious to hear un...

Hi, can anyone tell me how long after their status said APPROVED they or their landlord  actually received funds? All I see on here are tons of responses without a direct answer. Please just how many days from status ...

I have a question about Real Estate Professional status as it pertains to taxes. I've been an investor for about 4 years since I moved out of my first home and rented it out. Since then, I have bought two more homes, ...

According to FHA Guidelines; a family member can be a parent, sister, brother etc….

So my question is this: Can I buy a multifamily unit with 3.5% down as long as one of my Family members is living in one of the un...

Hey all,  I am looking at a park that has a legal non-conforming designation.  The reason being lot size.  Minimum required is 20,000sq/ft per home as of 2001. Nearly half an acre.  The park was finished in the late n...

Good afternoon, I have a question pertaining to real estate professional status while having a W2 job. I currently work a rotational W2 job (3 weeks on and 3 weeks off) and therefore do have a lot of time off and work...