https://ttlc.intuit.com/community/college-education/discussion/unfortunately-these-hours-wouldn-t-count-towards-the-mat/01/243127#M6919 <P>Unfortunately, these hours wouldn't count towards the Material Participation Rule's 750-hour minimum.</P> <P>The 750-hour rule states that "you performed more than 750 hours of <STRONG><EM>services</EM></STRONG> during the tax year <STRONG><EM>in real property trades or businesses</EM></STRONG> in which you materially participated."</P> <P>Your coursework wouldn't count as "services" in real property trades or business.</P> <P>Please see the IRS's <A href="https://www.irs.gov/pub/irs-pdf/p925.pdf" target="_blank"><STRONG><EM>Publication 925, Passive Activity and At-Risk Rules</EM></STRONG></A>, for more information.</P> <P>[Edited 3|17|2020 11:15 am]</P> Tue, 17 Mar 2020 18:14:38 GMT JohnW15 2020-03-17T18:14:38Z https://ttlc.intuit.com/community/college-education/discussion/real-estate-education-course-time-for-material-participation-rule/01/243121#M6918 <P>In 2018, I spent a great number of hours to complete 6 real estate courses required for the real estate license in Texas thru an accredited college. However, I wrote and passed the license exam in 2019.</P><P>Do the hours spent in 2018 on the Texas real estate license courses count towards the 750 hrs Material Participation rule for rental properties I own?<BR /></P><BR /> Sat, 01 Jun 2019 19:56:57 GMT https://ttlc.intuit.com/community/college-education/discussion/real-estate-education-course-time-for-material-participation-rule/01/243121#M6918 fkhalilz 2019-06-01T19:56:57Z https://ttlc.intuit.com/community/college-education/discussion/unfortunately-these-hours-wouldn-t-count-towards-the-mat/01/243127#M6919 <P>Unfortunately, these hours wouldn't count towards the Material Participation Rule's 750-hour minimum.</P> <P>The 750-hour rule states that "you performed more than 750 hours of <STRONG><EM>services</EM></STRONG> during the tax year <STRONG><EM>in real property trades or businesses</EM></STRONG> in which you materially participated."</P> <P>Your coursework wouldn't count as "services" in real property trades or business.</P> <P>Please see the IRS's <A href="https://www.irs.gov/pub/irs-pdf/p925.pdf" target="_blank"><STRONG><EM>Publication 925, Passive Activity and At-Risk Rules</EM></STRONG></A>, for more information.</P> <P>[Edited 3|17|2020 11:15 am]</P> Tue, 17 Mar 2020 18:14:38 GMT https://ttlc.intuit.com/community/college-education/discussion/unfortunately-these-hours-wouldn-t-count-towards-the-mat/01/243127#M6919 JohnW15 2020-03-17T18:14:38Z