- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
If you are in the business of improving and selling real property, then you can treat the activity as a business as opposed to an investment. That would seem to be the case here, especially if you worked in the activity for at least 750 hours during the year, and that work constituted more than half of the hours you worked during the year.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 13, 2022
8:30 PM