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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 IRS's Position on Travel Time

Travel time might not count under section 469 as material participation time or real estate professional status time. But that doesn't mean the travel is not a business expense, right? So those two things can both be true at the same time. The IRS thinks that it's generally not going to be considered and backed up by other tax court cases.

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