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nancylvanallen
New Member

I own a rental property and I manage all aspects of it myself: I find tenants, respond to all complaints, manage all repairs, etc. Am I a real estate professional?

It doesn't take 750 hours a year to manage however.
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MarilynG
Level 11

I own a rental property and I manage all aspects of it myself: I find tenants, respond to all complaints, manage all repairs, etc. Am I a real estate professional?

No, you are not a real estate professional.

Be sure to indicate that you 'actively participate' in the management of your rental property, though.  

TurboTax will ask you this question as you continue through the Rental section. 

Here's more info:

https://ttlc.intuit.com/replies/5725168

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
MarilynG
Level 11

I own a rental property and I manage all aspects of it myself: I find tenants, respond to all complaints, manage all repairs, etc. Am I a real estate professional?

No, you are not a real estate professional.

Be sure to indicate that you 'actively participate' in the management of your rental property, though.  

TurboTax will ask you this question as you continue through the Rental section. 

Here's more info:

https://ttlc.intuit.com/replies/5725168

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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