Investors & landlords


@mmiksell wrote:

We have already acquired two more properties in 2021 and now meet all qualifications for real estate professional......


Ensure that you qualify for real estate professional status; merely adding new properties, without more, does not meet the official criteria.

 

See https://www.irs.gov/publications/p925#en_US_2020_publink1000104591

 

Note that you can also generate a blank form in TurboTax on which you can make the election.