MarilynG1
Expert Alumni

Investors & landlords

In actuality, you probably are an 'active participant' and can claim all deductions/credits related to your Rental Property.

 

The 250 hours does not have to be performed by you; it includes services performed by others on your behalf;  a property manager, repair and upkeep performed by others, etc.

 

Click this link for more info on Rental Property Active Participation

 

A rental property is normally only considered 'unqualified' for any period of time it was designated 'for personal use' or rented below average rental rates.

 

Here's more info on Non-Qualified Rental Property

 

 

 

 

[Edited 3/12/2021 | 1:08 pm]

 

 

 

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