The Real Estate Professional Status cover image

What Hours Counts For REPS? - Ryan Pulice

The Real Estate Professional Status

00:00

Understanding Material Participation in Real Estate

This chapter explores the significance of material participation in classifying income as non-passive within real estate and other business activities. It discusses the criteria for qualifying as a real estate professional, the impact of proposed grouping elections, and clarifies the distinctions between passive and non-passive income. Key nuances in tax codes and misinformation on social media about taxation and wealth protection are also examined.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app