How to Prove Your Real Estate Professional Status: Tracking Hours & Documentation Tips
To meet the IRS criteria for real estate professional status (REPS) brings substantial tax benefits. However, proving your status is just as important as qualifying for it. Many real estate professionals miss deductions. They often fail to track their hours or document their activities correctly. In this guide, we will explain the best ways to […]
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To meet the IRS criteria for real estate professional status (REPS) brings substantial tax benefits. However, proving your status is just as important as qualifying for it. Many real estate professionals miss deductions. They often fail to track their hours or document their activities correctly. In this guide, we will explain the best ways to