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Real estate professional status for real estate investors

Varies

Can You Write Off Real Estate Professional Status for Real Estate Investors?

Short answer: If you spend 750+ hours and more than half your working time in real estate, rental losses aren't limited by passive rules.

W-2 workers with full-time jobs rarely qualify. Keep time logs.

Records to keep: Keep receipts, 1099s and platform tax summaries, a mileage log, and a note of the business purpose.