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https://www.biggerpockets.com/blog/real-estate-professional-status-save-money-on-taxes
Feb 27, 2020 · As an example, if Jamie spends 1,000 hours on her freelance business and spends 1,001 hours in real estate, then she can claim real estate professional status and receive the tax benefits. In that situation, she meets both requirements by spending at least 750 hours in real estate and spending more time in real estate than her side business.Estimated Reading Time: 9 mins
https://www.thetaxadviser.com/issues/2014/oct/tax-clinic-06.html
[A] real estate broker that satisfies the section 469(c)(7) real estate professional requirements by reason of hours devoted to brokerage could classify his or her real property rental activity as nonpassive by satisfying § 1.469-5T(a)(2).Estimated Reading Time: 10 mins
https://www.trec.texas.gov/become-licensed/sales-agent
A sales agent is a person who is licensed by the Real Estate Commission to act as an agent on behalf of a real estate broker and their clients. A sales agent must be sponsored by a licensed Broker in order to perform any act of real estate services.
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