How do I qualify for Real Estate Professional Status?

Direct answer

750+ hours in real estate AND >50% of total work time in real estate, with material participation.

Expanded explanation

High bar. W-2 professionals can rarely qualify without spouse holding REPS. Material participation: 500+ hours per property or aggregation election across all properties.

Examples

• Stay-at-home spouse logging 850 hours managing portfolio qualifies for REPS.

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