Investors & landlords

Do you earn commissions and/or charge fees for managing rental properties for owners?

 

Are you a real estate professional who materially participates in your rental property?

 

See https://www.irs.gov/publications/p527#en_US_2022_publink1000234059

 

Alternatively, I suspect, you are referring to active participation (TurboTax asks you that question in the interview).

 

See https://www.irs.gov/publications/p925#en_US_2022_publink1000104573

 

 

 

If you are referencing the 199A deduction:

 

See https://www.irs.gov/newsroom/irs-finalizes-safe-harbor-to-allow-rental-real-estate-to-qualify-as-a-b...