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Get your taxes done using TurboTax
@doceoc wrote:
On the 2019 return I check the box for the 750 hours a year but when I hit the enter key TurboTax states that I do not qualify. What's up with that?
You also have to materially participate in your real estate activities and more than half of the personal services you performed in all trades or businesses during the tax year have to have been performed in real property trades or businesses.
See https://www.irs.gov/publications/p925#en_US_2020_publink1000104591
Qualifications.
You qualified as a real estate professional for the year if you met both of the following requirements.
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More than half of the personal services you performed in all trades or businesses during the tax year were performed in real property trades or businesses in which you materially participated.
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You performed more than 750 hours of services during the tax year in real property trades or businesses in which you materially participated.