Rentals Professionals Hours

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RENTAL PROFESSIONALS - Property Management - 1989 N …

    https://www.yelp.com/biz/rental-professionals-auburn-hills
    3 reviews of Rental Professionals "This is a good service. My husband and I needed a place to live so we called this company to see what they had available. The woman on the phone was nice and answered the questions I had. We went into their Southfield office and got listings of rental houses in the areas we were looking in and there were quite a few properties to choose from in our price range.4 Yelp reviews

Navigating the Real Estate Professional Rules

    https://www.thetaxadviser.com/issues/2017/mar/navigating-real-estate-professional-rules.html
    Mar 01, 2017 · To satisfy the safe harbor, the taxpayer, in addition to qualifying as a real estate professional and materially participating in his or her rental activities, must spend 500 hours in the rental activity either for the year or in any five years (whether or not consecutive) of the immediately previous 10 years. 60 The effect of satisfying the safe harbor is not only to remove any rental income from the definition of net investment …Estimated Reading Time: 11 mins

Real Estate Professionals: Avoiding the Passive Activity ...

    https://www.thetaxadviser.com/issues/2014/jul/skarbnik-july2014.html
    Jul 01, 2014 · For a real estate professional who participates in a rental real estate activity for more than 500 hours during the tax year or who participated in such real estate activities for more than 500 hours in five or more years during the 10 immediately preceding tax years, the gross rental income and gain or loss resulting from the disposition of property used in the rental real estate activity will be treated as arising from an active …

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