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https://www.irs.gov/publications/p925
You performed more than 750 hours of services during the tax year in real property trades or businesses in which you materially participated. Don’t count personal services you performed as an employee in real property trades or businesses unless you were a 5% owner of your employer.
https://www.aicpa.org/resources/article/tax-rules-for-real-estate-professionals
A taxpayer qualifies as a real estate professional for any year the taxpayer meets both of the following requirements: (1) more than half of the personal services performed in all trades or businesses during the tax year were performed in real property trades or businesses in which the taxpayer materially participated; and (2) the taxpayer performed more than 750 hours of services during the tax year in …
https://www.biggerpockets.com/blog/real-estate-professional-status-save-money-on-taxes
Believe it or not, the IRS has caught taxpayers who logged more than 24 hours of real estate activities in a single day. To claim real estate professional status while working a full-time job, track your time in detail. It is difficult for an investor with a …
https://eandyagency.com/blog/using-a-professional-tax-preparation-service/
And by calculating the value of the hours that would be required for you to complete your own filing, you may find that a tax professional is well worth the money. Time Savings From start to finish, completing your own tax return will take an estimated 20 hours. This time includes organizing your forms and files to completing and submitting your returns, but does not include the time that you will spend wondering …
https://www.irs.gov/tax-professionals/annual-filing-season-program
Annual Filing Season Program. The Annual Filing Season Program aims to recognize the efforts of non-credentialed return preparers who aspire to a higher level of professionalism. Those who choose to participate can meet the requirements by obtaining 18 hours of continuing education, including a six hour federal tax law refresher course with test.
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