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Tax, SDIRAs & Cost Segregation

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Peter Fokas
  • Investor
  • Ridgewood, NJ
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113
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Real Estate Professional - how to achieve 750 hours?

Peter Fokas
  • Investor
  • Ridgewood, NJ
Posted Nov 13 2012, 07:15

How many properties does a person need to hold to justificy 750 hours? For example if you own a two family house and rent both units it would be hard to justify that you worked 750 hours to maintain this. IRS does not specify this but I am sure they must have some sort of general number they keep in mind.

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