In Diane Kennedy’s book Real Estate Loopholes she talks about what it takes to be a qualified Real Estate Professional to claim taxes. She has a list of things that quailify, but doesn’t list education or time starting the business. Do these activities qualify as hours towards being a Real Estate Profesional
amasters,
I really don’t know the answers to your question, but the post looked lonely without a response.
My guess is that neither education nor start-up time would be counted in the hours required category. I would think there are other items on the list that would be easier to do to qualify?
I haven’t read the book yet. If you have a ready reference, perhaps you could list the activities and time requirements needed so others could benefit?
Just a thought…
Thanks.