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Buying & Selling Real Estate

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Joe Strickley
  • Santa Barbara, CA
13
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90
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Passive Loss rules

Joe Strickley
  • Santa Barbara, CA
Posted Jan 4 2010, 12:34

For owners of rental properties wishing to avoid the passive loss rule (earning over $100k), you must work two hours a day related to the business e.g. renovating, searching, buying, etc. How about maintaining a website, marketing, dealing with rental management company? Does anyone know how flexible, or strict these two hours? How do anyone prove, or disprove it?

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