How to Obtain “Real Estate Professional Status”: A Major Tax-Saving Opportunity
American Apartment Owners Association
DECEMBER 18, 2024
On the other hand, activities like communicating with tenants, overseeing contractors, and performing repairs are generally eligible. Supporting evidence like receipts, emails, and contractor invoices adds another layer of credibility to your claim. For example, education, investor hours, and certain travel time are excluded.
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