Online Real Estate Portal

How do you know if you can claim Real Estate Professional?

Posted on Thursday 10 December 2009

Jenga asked:

I don’t want to get audited by the IRS but I hear that Real Estate Professional – non passive activity is a big issue – can you tell me what the IRS will question and look for if I claim Real Estate Professional, do they require anything when you are audited? Please advise. Any help will be great!

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