Skip to main content
Level 2
April 9, 2026
Question

real estate professional - aggregate rental properties

  • April 9, 2026
  • 1 reply
  • 85 views

I previously have not made the election to aggregate all my rental properties into a single acivity. It is recommended to do so to make it easier to satisfy the material participation requirement since i have 3 rental properties with a property manager and 3 without a property manager. How do I update this in turbo tax premier desktop to aggregate and add the real estate professional status after I have already completed the return the other way?

 

    1 reply

    Mike9241
    Level 15
    Level 15
    April 9, 2026

    TurboTax does not support this for purposes of electing REP only for purposes of QBI.

    here's an example  - you'll have to paper file.

    Election to Treat All Interests in Rental Real Estate as a Single Rental Real Estate Activity

    Pursuant to Treasury Regulation Section 1.469-9(g), the undersigned taxpayer hereby elects to treat all interests in rental real estate as a single rental real estate activity for the taxable year ending December 31, [YEAR], and all subsequent taxable years in which the taxpayer is a qualifying taxpayer under Treasury Regulation Section 1.469-9(c).

    Taxpayer Name: [Your Full Legal Name] Taxpayer SSN: [XXX-XX-XXXX] Spouse Name (if joint return): [Spouse Full Legal Name] Spouse SSN (if joint return): [XXX-XX-XXXX]

    Qualifying Real Estate Professional: [Name of person who qualifies]

    Rental Real Estate Activities Included in This Election:

    1. [Property Address 1] - [Type: SFR/Duplex/Multifamily/STR]
    2. [Property Address 2] - [Type]
    3. [Property Address 3] - [Type]
    4. [Property Address 4] - [Type]

    The qualifying taxpayer met the requirements of IRC Section 469(c)(7)(B) for the taxable year, including performing more than 750 hours of services in real property trades or businesses in which the taxpayer materially participated, and performing more than 50% of all personal services in real property trades or businesses in which the taxpayer materially participated.

    Signature: ____________________ Date: ____________________

    Mike9241