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209. Does Travel Time Count As Material Participation for REPS and the STR Loophole?

Tax Smart Real Estate Investors Podcast

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The Importance of Travel Time

The IRS says travel time doesn't count, but task court cases say that it does. A 2015 case involving a woman who owned and self managed 12 rentals allowed her to count hours towards real estate professional status. But the reality was is that per my understanding, the travel was not integral to the operation because the rentals were still operating perfectly fine without them making those six to eight trips a year to manage the property. If you're just if you're just making a trip to your rental one or two times a year, the travel time is not going to count.

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