Are there different requirements for material
participation for Real estate Professionals than for any other business owners?
Does material participation for Real estate professionals require to spend more
than 750 hours each year combined for all of your separate properties (not
grouped together) or 750 hours for EACH property? TurboTax-2017 says in one place that as a
Real estate professional you are materially participating if you spend need to
spend more than 750 hours each year on EACH property. But then in another place
TurboTax-2017 says: "You materially participated in the operation of this
business activity during the year, if you meet ANY of the following tests: 1.
You participated in the activity for more than 500 hours during the tax year.
2. You are the only person who substantially participates in the activity,
including individuals who do not have an ownership in the activity. 3. You
participated in the activity more than 100 hours during the year and no one
else participates more than you do, including individuals who do not have an
ownership in the activity... "
