topic I am a professional real estate person and the return and your return will not allow the loss on a rental property? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-am-a-professional-real-estate-person-and-the-return-and-your-return-will-not-allow-the-loss-on-a/01/582138#M25040 Wed, 05 Jun 2019 22:41:44 GMT century-01 2019-06-05T22:41:44Z I am a professional real estate person and the return and your return will not allow the loss on a rental property? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-am-a-professional-real-estate-person-and-the-return-and-your-return-will-not-allow-the-loss-on-a/01/582138#M25040 Wed, 05 Jun 2019 22:41:44 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-am-a-professional-real-estate-person-and-the-return-and-your-return-will-not-allow-the-loss-on-a/01/582138#M25040 century-01 2019-06-05T22:41:44Z To qualify as a real estate pro, you must: spend more... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/to-qualify-as-a-real-estate-pro-you-must-spend-more/01/582142#M25041 <P>To qualify as a real estate pro, you must:</P><DIV> <DIV></DIV> </DIV><UL> <LI>spend more than half (at least 51 percent) of your total working hours during the year working in one or more real property businesses; <B>and</B> </LI> <LI>spend more than 751 hours a year in one or more real property businesses; <B>and</B> </LI> <LI>materially participate in the rental activity and any other real property businesses used to pass the 51 percent and 751-hour tests.</LI> </UL> Wed, 05 Jun 2019 22:41:45 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/to-qualify-as-a-real-estate-pro-you-must-spend-more/01/582142#M25041 SweetieJean 2019-06-05T22:41:45Z If you are an employee in someone else’s real property bu... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-you-are-an-employee-in-someone-else-s-real-property-bu/01/582144#M25042 If you are an employee in someone else’s real property business, your time counts toward real estate professional status only if you own more than 5 percent of the business. If you work as an employee for a corporation, you must own more than 5 percent of your employer’s outstanding stock. Wed, 05 Jun 2019 22:41:46 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-you-are-an-employee-in-someone-else-s-real-property-bu/01/582144#M25042 SweetieJean 2019-06-05T22:41:46Z